Midday cattle prices are mixed as June is 22 cents higher and August is near UNCH, but the other front months are down as much as 67 cents. Feeder cattle are trading $0.80 to $1.10 lower through midday. Central Stockyards had 1,946 head listed for Thursday’s FCE auction, with 224 heifers sold at $170. The other listings went unsold between $167 - $170 bids and $170 - $172 asks. The CME Feeder Cattle Index was $1.53 higher to $202.11 on 5/12. Â
AM Boxed Beef Prices were shown at $300.11, up 64c for Choice and at $284.18, down 17c, for Select. USDA estimated Tuesday’s FI cattle slaughter at 127k head for a weekly running total of 253,000 head. That is 1,000 behind last week’s pace.Â
Jun 23 Cattle  are at $164.175, up $0.300,
Aug 23 Cattle  are at $162.475, down $0.000,
Oct 23 Cattle  are at $166.675, down $0.250,
Cash Cattle Index was $170.000, from $172.00 last week
May 23 Feeder Cattle  are at $204.700, down $1.000
Aug 23 Feeder Cattle  are at $231.200, down $0.275
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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