Cattle Mixed on Friday

Live cattle futures are mixed at midday, with nearby Aug down a dime. Feeder cattle futures are 32.5 to 80 cents lower in the front months. Wholesale boxed beef prices were mixed on Friday morning. Choice boxes were down $0.13 at $216.75, with Select boxes up $0.54 @ $192.91. USDA estimated week to date FI cattle slaughter at 476,000 head through Thursday, 1,000 head below the previous week and 3,000 head above the same week last year. Cash trade has started in the North this week, with a few trades of $113. USDA also reported some exchanging hands at $114-115 in the WCB.

AUG 19 Cattle are at $107.850, down $0.100,

OCT 19 Cattle are at $106.875, up $0.125,

DEC 19 Cattle are at $111.600, down $0.025,

AUG 19 Feeder Cattle are at $139.525, down $0.325

SEP 19 Feeder Cattle are at $139.150, down $0.725

OCT 19 Feeder Cattle are at $138.825, down $0.800

--provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
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Phone: 402-697-3623
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