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Feeder Cattle Mar '19 (GFH19)

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[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CME]
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[[ timeframe ]] futures price quotes as of Fri, Feb 22nd, 2019.
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Feeder Cattle Futures Market News and Commentary

Cattle Market News and Commentary

Live cattle futures closed the Thursday session with the front months steady to 70 cents lower and deferred contracts higher. Feeder cattle futures were also mixed with nearby contracts 12.5 to 65 cents lower and back months higher. The CME feeder cattle index was up a penny on February 20 at $141.11. Wholesale boxed beef prices were mixed on Thursday afternoon, widening the Ch/Select spread to $6.66. Choice boxes were up $1.58 at $218.07 with Select 9 cents lower at $211.41. USDA estimated the WTD FI cattle slaughter at 436,000 head through Thursday. That was down 23,000 head from last week and 8,000 lower than the same week last year. The delayed January Cattle on Feed report will be released this afternoon, with Jan on feed estimated 2.2% larger yr/yr. Cash cattle bids were shown around $123 and $198-201 on Thursday. Asks are around $128 and $205-207.
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