Cattle Market Commentary
BRUG - Thu Dec 06, 8:21AM CST

Live cattle futures ended Wednesday with most contracts 52.5 to 97.5 cents higher. Feeder cattle futures were also higher, with front months $1 to $1.20 higher. The CME feeder cattle index was down 33 on December 4 at $146.39. Wholesale beef prices were lower on Wednesday afternoon. Choice boxes were down 60 cents at $213.26, with the Select cutout value 65 cents lower at $196.86. USDA’s estimated FI cattle slaughter is at 360,000 head WTD, up 4,000 head from last week and 2,000 head large than a year ago. Wednesday’s FCE online auction saw sales on all 219 head offered, with the two lots selling @ $117.50-118.

--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.