Cattle Market News and Commentary

Live cattle futures posted a sharp $2.10 gain in Feb on Tuesday, with other contracts higher. Feeder cattle futures were up 80 cents to $1.625 in most contracts. The CME feeder cattle index was down 43 cents on January 7 at $145.63. Wholesale boxed beef prices were lower on Tuesday afternoon. Choice boxes were down a penny at $213.98, with Select 95 cents lower at $207.26. USDA estimated WTD FI cattle slaughter at 237,000 head. That was 2,000 head above the same week last year. The FCE is back online this week, with a total of 513 head offered from KS and NE.

Feb 19 Cattle closed at $125.300, up $2.100,

Apr 19 Cattle closed at $126.150, up $1.075,

Jun 19 Cattle closed at $117.475, up $0.950,

Jan 19 Feeder Cattle closed at $147.625, up $1.625

Mar 19 Feeder Cattle closed at $145.450, up $1.550

Apr 19 Feeder Cattle closed at $146.100, up $1.400

--provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
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