Cattle

Live cattle futures ended the Monday session with losses of $1.20 to $1.75 following Friday’s bearishly construed Cattle on Feed report. Feeder cattle futures were down $2.075 to $2.575. The CME feeder cattle index on November 17 was down 54 cents to $156.91. Wholesale beef prices were mixed on Monday afternoon. Choice was down $1.06 at $206.18, with select boxes 20 cents higher at $188.05. USDA indicated FI cattle slaughter at 120,000 head on Monday, 3,000 larger than a week ago and 3,000 above the same week in 2016.




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

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