Feeder Cattle (P) Futures PricesWed, Dec 4th, 2013
Latest Brugler Feeder Cattle (P) Report
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Cattle futures ended the day higher, with June the strongest. January feeder cattle ended the day 20 cents higher. Boxed beef prices were higher on the day with choice boxes gaining another 30 cents, and Select boxes picked up 9 cents today. Week to date slaughter is 361,000 head compared to 367,000 head for the same period last year. If the packers want to make up for last week they are not as yet getting the cattle to do it. Cash cattle markets are quiet but some small sales were reported in IA/MN on Tuesday at $132 and a few heifers in Iowa at $208. The CME Feeder Cattle Index was $1.17 lower than the previous day at $165.36.
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