Cattle Market News and Commentary
BRUG - Tue Jan 22, 12:13PM CST

Live cattle futures are mostly 40 cents to $1.05 lower on Tuesday. Feeder cattle futures are down a quarter to $1.375 at midday. The CME feeder cattle index was down $1.04 on January 17 at $142.05. Wholesale boxed beef prices were higher on Tuesday morning. Choice boxes were up 59 cents at $215.85, with Select 15 cents higher at $211.01. USDA estimated Monday’s FI cattle slaughter at 117,000 head. That is 2,000 head below last week and well above the same week last year. Wednesday’s online FCE auction has a total of 4,139 head on showlists, with a majority out of Nebraska.

Feb 19 Cattle are at $125.475, down $1.050,

Apr 19 Cattle are at $126.625, down $0.750,

Jun 19 Cattle are at $116.975, down $0.475,

Jan 19 Feeder Cattle are at $141.200, down $0.250

Mar 19 Feeder Cattle are at $141.575, down $1.250

Apr 19 Feeder Cattle are at $143.050, down $1.350

--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
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.