Live cattle futures closed on Tuesday with contracts from $ 1.32 to $ 2.30. Earlier this week, cash action is mostly compiling Sholaylist. Feeder cattle futures were pushing more than $ 1.82 to $ 2.90. The CME Feeder Cattle Index was 48 cents below 31 March, the average price of $ 291.02.
The USDA’s national wholesale boxing beef report was high from Tuesday afternoon, as CHC/SEL widened by $ 20.15. The choice box shot $ 6.96 at $ 342.22/CWT, with $ 2.06 to $ 322.07. The federally inspected cattle slaughter was estimated by the USDA to 123,000 heads, the weekly a total of 227,000 heads. It was 16,000 heads below last week and 2,404 heads below the same week last year.
Commodity Bulletin: From crude oil to coffee, it is equally for professionals and miscreants of the free newspaper industry
25 April Live Cattle Closed at $ 209.125, $ 1.325,
June 25 Live Cattle Closed at $ 205.425, by $ 1.775,
25 August live cattle Closed at $ 202.325, up to $ 2.300,
April 25 feeder cattle Closed at $ 288.275, $ 1.825,
25 May feeder cattle Closed at $ 287.150, by $ 2.650,
August 25 feeder cattle Closed at $ 292.400, up to $ 2.900,
On the date of publication, the Austin Shroder did not have the positions mentioned in any securities mentioned in this article (either direct or indirectly). All information and data in this article is only for informative purposes. For more information, please see the Barkart Disclosure Policy here.
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