Cattle Market News Holds Ground on Firmer Cash

Live cattle futures were mixed on Monday, with August up a tick. Feeder cattle futures were a nickel to 12.5 cents higher in the front months. The CME feeder cattle index was down 62 cents @ $140.46 on July 12. Wholesale boxed beef prices were mixed on Monday afternoon. Choice boxes were up 47 cents at $213.27 with Select boxes 39 cents lower @ $189.21. USDA estimated week to date FI cattle slaughter at 117,000 head for Monday. That was 3,000 head below the previous week and 1,000 larger than the same week last year.

--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

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