Live Cattle Mixed at Mondays Close

Live cattle futures were mixed at Monday’s close with 90 cent gains in Oct and 22.5 cent losses for Feb. Feeder cattle futures were $0.275 to $1.30 lower. The CME Feeder Cattle Index was up 84 cents on Oct. 4 at $144.43. Wholesale boxed beef were lower on Monday widening the spread at $25.18. Choice boxes are down 87 cents to $211.09 and Select boxes $1.01 lower to $185.91. USDA estimated FI cattle slaughter for Monday at 116,000 head, up 2,000 head from last year but down 1,000 head from last Monday.

OCT 19 Cattle closed at $108.250, up $0.900,

DEC 19 Cattle closed at $111.200, up $0.425,

FEB 20 Cattle closed at $116.400, down $0.225,

OCT 19 Feeder Cattle closed at $141.700, down $0.275

NOV 19 Feeder Cattle closed at $140.925, down $0.450

JAN 19 Feeder Cattle closed at $136.400, down $1.300

--provided by Brugler Marketing & Management

Market Commentary provided by:

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