Cattle Close Lower on Monday

Live cattle futures ended the Monday session with front months 32.5 to 67.5 cents lower. Feeder cattle futures were down 52.5 cents to $1.575 in the nearby contracts. The CME Feeder Cattle Index was 59 cents lower on September 6 at $137.77. Wholesale boxed beef prices were lower on Monday afternoon. Choice boxes were down 36 cents at $226.95, with Select boxes 2 cents lower @ $201.92. USDA estimated Monday’s FI cattle slaughter @ 115,000. That is down 4,000 head from the same week a year ago.

OCT 19 Cattle closed at $94.200, down $0.675,

DEC 19 Cattle closed at $99.175, down $0.575,

FEB 19 Cattle closed at $106.075, down $0.325,

SEP 19 Feeder Cattle closed at $132.825, down $0.525

OCT 19 Feeder Cattle closed at $129.825, down $1.075

NOV 19 Feeder Cattle closed at $128.800, down $1.575

-- provided by Brugler Marketing & Management




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