Feeder Cattle Futures PricesThu, Apr 17th, 2014
Latest Brugler Feeder Cattle Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Cattle futures are trading steady to 7 cents higher. USDA put weekly export sales for beef at 21,900 MT (a marketing year high). For the week ending April 12th the USDA reported chick placements at 163.6 million chicks down from 166.2 last week and 165.0 last year. Estimated week to date cattle slaughter was reported at 348,000 head compared to 350,000 head last week. Wholesale beef prices were higher with choice boxes up $0.89 at $223.75 while select boxes were up $1.33 at $214.47 in the afternoon report. Cash trade has been reported in Texas and Nebraska, with the former at $146 and the latter at $240. Volume would still be described as light. The CME Feeder Cattle Index was down $0.12 to $179.63.
InsideFutures Meats News
Please wait while we connect to your Facebook account ...