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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 Thu, Feb 21st, 2019.
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Feeder Cattle Futures Market News and Commentary

Cattle Market News and Commentary

Live cattle futures are steady to 75 cents lower in most contracts at midday. Feeder cattle futures, pressured by lower live cattle and higher corn, are down 30to 92.5 cents in most contracts. The CME feeder cattle index was down 18 cents on February 19 at $141.10. Wholesale boxed beef prices were higher on Thursday morning, with the Ch/Se spread at $6.45. Choice boxes were down $1.58 at $218.07 with Select 12 cents lower at $211.62. USDA estimated the WTD FI cattle slaughter at 322,000 head through Wednesday. That was down 20,000 head from last week and 4,000 lower than the same week last year. The delayed January Cattle on Feed report will be released on Friday. Cash bids are being shown around $123 and $198 so far today.Feb 19 Cattle are at $127.600, down $0.725,Apr 19 Cattle are at $128.575, down $0.625,Jun 19 Cattle are at $118.975, down $0.350,Mar 19 Feeder Cattle are at $142.950, down $0.925Apr 19 Feeder Cattle are at $145.150, down $0.925May 19 Feeder Cattle are at $146.350, down $0.650 --provided by Brugler Marketing & Management
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