Cattle Market Closed Mixed
BRUG - Tue Dec 10, 4:07PM CST

Live cattle futures finished with 12 to 30 cent losses. Dec futures are in deliveries and posted a 27 cent drop after Monday trading. Feeder cattle futures were 50 to 57 cents higher in the font months. The 12/09 CME Feeder Cattle index was $143.35 after a 2 cent bump. Afternoon boxed beef prices are lower tightening the spread to 16.14. Choice boxes were $2.15 lower this morning at $221. 94. Select boxes dropped by $1.14 to $205.35. Tomorrow’s online Fed Cattle Exchange will offer 1068 head, with 600 head from Nebraska, 253 head from KS and TX offering 215 head. The USDSA reported light cash sales activity in KS, hovering in the $118- $119 range. The USDA estimated Tuesday cattle slaughter under federal inspection to be 122,000 head; which put the week to date estimated slaughter at 243,000.

Dec 19 Cattle closed at $119.900, down $0.275,

Feb 20 Cattle closed at $124.625, down $0.125,

Apr 20 Cattle closed at $125.100, down $0.300,

Jan 20 Feeder Cattle closed at $142.025, up $0.500

Mar 20 Feeder Cattle closed at $142.850, up $0.575

Apr 20 Feeder Cattle closed at $144.725, up $0.575

---provided by Brugler Marketing & Management




Market Commentary provided by:

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