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Futures Prices

Tue, Mar 19th, 2019
[[ timeframe ]] futures price quotes as of Tue, Mar 19th, 2019.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
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Futures Market News and Commentary

Cattle Market News and Commentary

Live cattle futures settled steady to 65 cents higher in most contracts on Monday, with nearby April down 77.5 cents. Feeder cattle futures were mixed, with the Spring contracts lower (excluding March) and deferred contracts higher. The CME feeder cattle index was down 15 cents on March 15 at $137.50. Wholesale boxed beef prices were higher in the Monday afternoon report, with the Ch/Se spread at $10.12/cwt. Choice boxes were up $1.34 at $228.33, as Select was 87 cents higher @ $218.21. USDA estimated Monday’s FI cattle slaughter at 115,000 head. That was down 4,000 head from the previous week, with travel in the WCB still an issue. Cash cattle traded $127 across most regions last week, with carcass based also $1 lower at $203-205. --provided by Brugler Marketing & Management
Lean Hogs Market News and Commentary

Lean Hog futures posted triple digit gains in most contracts on Monday, with front month April up $2.225. The CME Lean Hog Index was up $1.27 from the previous day @ $55.40 on March 14. The USDA pork carcass cutout value was up $3.50 on Monday afternoon at an average weighted price of $72.39. All primals saw sharp gains. The national base hog carcass value was up $1.81 in the PM report at an average weighted price of $55.73. USDA estimated Monday’s FI hog slaughter was 463,000 head, down 12,000 from the previous week but even with last year. --provided by Brugler Marketing & Management
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