Cattle Market Commentary
cmdty Insider - BRUG - Wed Dec 05, 12:08PM CST

Live cattle futures are up 30 to 60 cents on Wednesday. Feeder cattle futures are 25 to 97.5 cents in the green at midday. The CME feeder cattle index was down $1.13 on December 3 at $146.72. Wholesale beef prices were lower on Wednesday morning. Choice boxes were down 12 cents at $213.75, with the Select cutout value 43 cents lower at $197.08. USDA’s estimated FI cattle slaughter is at 240,000 head WTD, up 4,000 head from last week and up 2,000 head from a year ago. Wednesday’s FCE online auction saw sales on all 219 head offered, with the two lots selling @ $117.50-118.

Dec 18 Cattle are at $118.175, up $0.400,

Feb 19 Cattle are at $122.050, up $0.400,

Apr 19 Cattle are at $123.475, up $0.575,

Jan 19 Feeder Cattle are at $145.375, up $0.975

Mar 19 Feeder Cattle are at $142.725, up $0.875

Apr 19 Feeder Cattle are at $143.650, up $0.750

--provided by Brugler Marketing & Management




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

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.