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Sat, Aug 18th, 2018
[[ timeframe ]] futures price quotes as of Sat, Aug 18th, 2018.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
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Agricharts Market Commentary

Fri Aug 17, 4:21PM CDT
Live cattle futures ended the Friday session with gains of 75 cents to $1.60, as August was up 1.09% on the week. Feeder cattle futures were up 67.5 cents to $1.70. The CME feeder cattle index was down 70 cents from the previous day at $149.59. Wholesale boxed beef values were mixed on Friday afternoon, with the Ch/Se spread widening to $10.46. Choice boxes were up $2.28 at $211.38, while Select boxes were down 54 cents at $200.92. USDA FI weekly cattle slaughter was estimated at 660,000 head including Saturday. That is up 15,000 head from the previous week on larger weekend slaughter and 25,000 head above the same week in 2017. Sales of $109-110 were shown mainly in the North on Friday, with a few sales of $173 dressed as well.Aug 18 Cattle closed at $109.425, up $1.100,Oct 18 Cattle closed at $110.875, up $1.600,Dec 18 Cattle closed at $114.625, up $1.425,Aug 18 Feeder Cattle closed at $150.950, up $0.675Sep 18 Feeder Cattle closed at $151.825, up $1.700Oct 18 Feeder Cattle closed at $151.850, up $1.625
Fri Aug 17, 4:21PM CDT
Lean hog futures saw another round of sharp gains on Friday, with most contracts up triple digits. Nearby Oct used some of the expanded limits on Friday to end the week with 14.51% gains. African Swine Flu rolling through the Chinese hog herd is helping support the market along with hopes for more US/China talks and Mexican hints about a bi-lateral deal. The CME Lean Hog Index was down $1.02 on August 15, to $54.21. The USDA pork carcass cutout value was down 86 cents on Friday afternoon, with the average carcass value at $66.77. The belly led the way again, down $6.10. The national base hog carcass value was down 86 cents in the Friday PM report, with the weighted average @ $40.52. USDA estimated weekly hog slaughter at 2.459 million head through Saturday. That is well above last week and the same week last year.Oct 18 Hogs closed at $58.600, up $3.125,Dec 18 Hogs closed at $55.275, up $2.825Feb 19 Hogs closed at $61.650, up $2.300
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