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Triple Digit Pullback for April Cattle Alan Brugler - Barchart - Mon Mar 01, 10:47PM UTC At the close on Monday, finished cattle futures were 20 cents to $1.02 weaker, with April now $118.97. Cash cattle sales are generally quiet early in the week and are yet to establish. LW’s business was near $114 – firm with the previous two weeks. Feeder futures also pulled back triple digits, ending with March at $137.20 and April at $141.12. The 2/25 CME Feeder Cattle Index was $138.91, down from $139.48. Wholesale Boxed Beef prices retreated for the PM update as Choice was $1.50 lower to $239.03 cwt. and Select was down $2.09. USDA estimates Monday’s FI cattle slaughter at 120k head. That is up from 19 LW but trails the 123k head kill the same Monday LY. --- provided by Brugler Marketing & Management Live Cattle Prices by Barchart Feeder Cattle Prices by Barchart
<p>Market Commentary provided by:<br /> <img src="https://s3.amazonaws.com/images1.aws.barchart.com/logos/bruglerlogo.gif" border="0" /><br /> Brugler Marketing & Management LLC<br /> 1908 N. 203rd St.Omaha, NE 68022<br /> Phone: 402-697-3623<br /> Fax: 402-289-2353<br /> E-mail: <a href="mailto:alanb@bruglermktg.com">alanb@bruglermktg.com</a><br /> Web: <a href="http://bruglermarketing.com/">http://bruglermarketing.com</a></p>
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