Live Cattle futures returned on Friday, closing with a profit of $ 3.05 to $ 4.10 over the weekend. Cash trade this week saw sales of $ 230-233 in the north and $ 223-225 in the south. Friday’s Central Stockyards Fed Cattle Exchange Auction showed a sale of $ 224–225, with Bidgrid ™ $ 225 and $ 230. Feeder cattle futures put it into road gear on Friday, which closed from $ 4.30 to $ 4.60. August saw the profit of $ 5.45 this week. The cme feeder cattle index was up to $ 311.97 up to 58 cents.
A worker association at a Tyson plant (5,500 head capacity) in Texas authorized a strike on Friday, in which the plant was kept offline.
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The Friday afternoon commitment of the traders showed Spec Traders in live cattle futures and options trimped 2,357 contracts up to 132,893 contracts for their large pure long longer longer. By June 24, feeder cattle futures pure 35,506 contracts, a decrease of 352 in the week.
The USDA wholesale boxing beef prices were higher on Friday afternoon, with CHC/SEL spreading to $ 13.56. The choice boxes were from $ 1.46 to $ 396.51, while the selection was quoted at $ 3.21 at $ 382.95/CWT. This week, USDA’s federally inspected cattle slaughter estimate was 560,000 heads. This is also with a week ago, but the same week is 50,420 head below the same week.
June 25 Live Cattle Closed at $ 224.750, by $ 3.050,
25 August live cattle Closed at $ 213.300, up to $ 4.100,
25 October live cattle Closed at $ 209.825, by $ 3.475,
August 25 feeder cattle Closed at $ 307.900, up to $ 4.600,
25 September feeder cattle Closed at $ 307.900, by $ 4.525,
25 October feeder cattle Closed at $ 305.725, up to $ 4.300,
On the date of publication,
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