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Live Cattle Dec '17 (LEZ17)

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[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]

Brugler report

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Wed Sep 20, 3:46PM CDT
Live cattle futures finished the Wednesday session with $1 to 2.975 gains. Feeder cattle futures were $2.375 to $4.475 higher. The CME feeder cattle index was down a penny from the previous day at $150.46 on September 19.Wholesale beef prices were lower in the Wednesday afternoon report, with the Ch/Se spread widening to $3.52. Choice was down 7 cents at $192.04, while select boxes were 31 cents lower at $188.52. FI cattle slaughter was estimated at 346,000 through Wednesday, which is 4,000 fewer than last week and 6,000 larger than the same week in 2016. This morning’s online FCE auction showed 636 of the 1,450 head sold at an average price of $106.67, up $1.92 from last week. Of the nine lots for sale, 3 were sold, with another 3 offers of $106-$106.50 passed on. Friday’s Cattle on Feed report is expected to show on feed numbers as of September 1 2.7% larger than a year ago. Oct 17 Cattle closed at $110.950, up $2.975, Dec 17 Cattle closed at $116.250, up $2.850, Feb 18 Cattle closed at $119.050, up $1.875, Sep 17 Feeder Cattle closed at $153.975, up $2.400 Oct 17 Feeder Cattle closed at $157.275, up $4.475 Nov 17 Feeder Cattle closed at $157.550, up $4.425
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