Live cattle futures are falling from $ 3 to $ 4.55 on Tuesday afternoon. Cash trade has not yet been closed this week. Last week TX reported $ 235 and $ 233-238 KS, with northern business $ 380 dressed and $ 240-242 live trade. Feeder cattle futures are giving back all the benefits of Monday, with a loss of $ 4.90 to $ 5.35. The CME feeder Cattle Index was below $ 3.21 on 13 June with an average price of $ 313.89.
On Tuesday morning, the USDA report continued to have a higher national wholesale boxing beef price action, with CHC/SEL spread to $ 14.92. The choice box was from one and $ 3.07 to $ 385.18, while the selection was quoted at $ 2.79 high $ 370.26/CWT. The USDA’s federally inspected the cattle slaughter for Monday, estimated to be 103,000 heads. It is 9,000 heads below before the week and 12,735 heads below the same week last year.
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June 25 Live Cattle $ 224.025, below $ 3.000,
25 August live cattle At $ 211.000, $ 4.550 below,
25 October live cattle $ 209.050, $ 3.850 below,
August 25 feeder cattle At $ 304.875, below $ 5.350
25 September feeder cattle $ 5.075 is at $ 304.500 below
25 October feeder cattle $ 302.475 is at $ 4.900 below 4.900
On the date of publication,
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