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Live Cattle Dec '18 (LEZ18)

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[[ timeframe ]] futures price quotes as of Mon, Oct 22nd, 2018.
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cmdty Insider - Live Cattle Market Commentary

Mon Oct 22, 11:53AM CDT
Live cattle futures are showing triple digit gains in most front months, with soon to expire Oct up 37.5 cents following Friday’s friendly COF report. Feeder cattle futures are 85 cents to $2.125 higher at midday. The CME feeder cattle index was down 14 cents on October 18 at $155.36. Wholesale boxed beef prices were higher on Monday morning. Choice boxes were up 88 cents @ $208.81, with Select $2.65 higher at $196.89. USDA estimated FI cattle slaughter through Saturday at 625,000 head, 14,000 below the previous week and down 8,000 from last year. The monthly Cattle on Feed report showed September placements at 2.051 million head, down 4.6% from last year. Marketings during that month were down 3.59% from last year with one less marketing day. October 1 cattle on feed were reported at 11.4 million head which was 5.43% larger than last year.Oct 18 Cattle are at $112.625, up $0.375,Dec 18 Cattle are at $117.950, up $1.175,Feb 19 Cattle are at $122.250, up $1.100,Oct 18 Feeder Cattle are at $155.500, up $0.850Nov 18 Feeder Cattle are at $156.025, up $1.925Jan 19 Feeder Cattle are at $150.800, up $2.050--provided by Brugler Marketing & Management, Call (402) 289-2330
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