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Thu, Aug 16th, 2018
[[ timeframe ]] futures price quotes as of Thu, Aug 16th, 2018.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
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Agricharts Market Commentary

Wed Aug 15, 4:18PM CDT
Live cattle futures saw 20 to 40 cent gains in most contracts on Wednesday. Feeder cattle futures were up 12.5 to 87.5 cents. The CME feeder cattle index was down 30 cents from the previous day on 8/13, at $150.34. Wholesale boxed beef values were mixed on Wednesday afternoon. Choice boxes were up 31 cents at $209.95, while Select boxes were 66 cents lower at $200.61. USDA FI cattle slaughter was estimated at 354,000 head through Wednesday. That is down 3,000 head from the previous week and 7,000 head above the same week in 2017. Wednesday’s FCE saw no sales on the 488 head offered, with lots offered at $110 and no bids reported. Bids of $108 were shown out in the country on Wednesday with no takers.Aug 18 Cattle closed at $108.325, up $0.350,Oct 18 Cattle closed at $109.000, up $0.275,Dec 18 Cattle closed at $112.800, up $0.375,Aug 18 Feeder Cattle closed at $149.050, up $0.125Sep 18 Feeder Cattle closed at $149.150, up $0.475Oct 18 Feeder Cattle closed at $149.275, up $0.375
Wed Aug 15, 4:18PM CDT
Lean hog futures were up 60 cents to $1.125 on the day. The CME Lean Hog Index was down $1.47 on August 13, to $56.81, as was anticipated by the expired August futures. The USDA pork carcass cutout value was down $1.25 from the previous day at $68.49 on Wednesday afternoon. The picnic was the only primal reported higher. The national base hog carcass value was down 55 cents in the Wednesday PM report, with the weighted average @ $42.23. USDA estimated weekly hog slaughter at 1.403 million head through Wednesday. That is up 93,000 head from last week as the plants are back online, and 57,000 head above the same week last year.Oct 18 Hogs closed at $52.475, up $0.625,Dec 18 Hogs closed at $49.450, up $0.800Feb 19 Hogs closed at $56.350, up $1.125
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