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Live Cattle Oct '17 (LEV17)

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Brugler report

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52 minutes ago
Live cattle futures finished the day with losses of 80 cents to $1.80 in most contracts. Feeder cattle futures followed with losses of $2.05 to $2.375, with pressure coming from corn. The CME feeder cattle index was down $1.94 on July 19 to $147.22. Wholesale beef prices were mixed in the afternoon report, with choice boxes down 8 cents at $207.65. Select was up 9 cents, with an average of $195.58. Week to date estimated FI cattle slaughter was 465,000 head through Thursday, 10,000 below last week and 16,000 above the same week last year. There were a few cash sales of $118 Thursday, even with yesterday. Beef export sales came in at 12,368 MT in this morning’s USDA report, down 1 from last week and 13.9% from last year. Shipments were reported at 14,756 MT. Aug 17 Cattle closed at $115.875, down $1.400, Oct 17 Cattle closed at $117.075, down $1.800, Dec 17 Cattle closed at $118.100, down $1.575, Aug 17 Feeder Cattle closed at $152.275, down $2.225 Sep 17 Feeder Cattle closed at $152.325, down $2.125 Oct 17 Feeder Cattle closed at $150.850, down $2.100
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