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Feeder Cattle Jan '19 (GFF19)

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[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CME]
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[[ timeframe ]] futures price quotes as of Fri, Dec 14th, 2018.
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Feeder Cattle Futures Market News and Commentary

Cattle Market News and Commentary

Live cattle futures were mixed Thursday, with nearby Dec up 32.5 cents but February lower. The last half 2019 contracts were higher. Preliminary open interest surged 5,324 contracts. Feeder cattle futures were up 35 cents to $1. The CME feeder cattle index was up $1.43 on December 12 at $146.40. Wholesale beef prices were mixed, with the Ch/Select spread widening to $11.47. Choice boxes were up 22 cents at $212.47, with the Select cutout value 57 cents lower at $201.00. USDA estimated week to date cattle slaughter at 483,00 head through Thursday. That is 2,000 above last week and 11,000 head larger than the same week last year. Outside of the $119 trade on Wednesday’s FCE, few cash sales have been reported. Beef exports for the week ending December 6 totaled 18,162 MT.--provided by Brugler Marketing & Management
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