Cattle
Live cattle futures posted gains of 20 to 67.5 cents in the back months Friday. June lost 7.28% on the week and was 80 cents lower on Friday. Feeder cattle futures were 42.5 to 97.5 cents in the green on Friday, after a week that saw August drop 4.09% The CME feeder cattle index was down $1.66 on June 15 at $151.07. Wholesale beef prices were mixed in the afternoon report, with choice boxes 10 cents higher at $249.84. Select was down 73 cents, with an average of $219.80. Cash sales last week were in the $130 range in the North, with $128 in the South. Estimated FI cattle slaughter through Saturday is 628,000 head, up 6,000 from last week and 22,000 head more than the same week a year ago



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

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