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Live Cattle Feb '19 (LEG19)

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cmdty Insider - Live Cattle Market Commentary

Mon Nov 12, 4:56PM CST
Live cattle futures were mixed on Monday, with most front months 20 to 35 cents higher and back months lower. Feeder cattle futures were steady to 75 cents in the red. The CME feeder cattle index was down $1.04 on November 9 at $150.59. Wholesale boxed beef prices were reported mostly higher on Monday afternoon. Choice boxes were up 35 cents at $215.55, with the Select cutout value up $1.67 at $200.39. USDA estimated FI cattle slaughter at 111,000 head for Monday. That was 8,000 below the previous week and 7,000 head fewer than the same day last year. Cash cattle traded at mostly $114 to $114.25 last week. Activity today mostly consisted of compiling show lists.Dec 18 Cattle closed at $114.925, up $0.350,Feb 19 Cattle closed at $118.000, up $0.200,Apr 19 Cattle closed at $120.175, down $0.075,Nov 18 Feeder Cattle closed at $148.375, down $0.625Jan 19 Feeder Cattle closed at $143.725, down $0.075Mar 19 Feeder Cattle closed at $141.725, down $0.450--provided by Brugler Marketing & Management
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