Live cattle futures are posting $1.10 to $1.40 losses at midday. Feeder cattle futures are down $1.35 to 2.25. The CME feeder cattle index was down 29 cents on March 6 at $144.96. Wholesale boxed beef values were mixed on Thursday morning. Choice boxes were down 9 cents at $223.48, with Select boxes up $2.25 at $217.45. Estimated FI cattle slaughter was 348,000 head through Wednesday, 2,000 head fewer than last week but 1,000 head larger than the same week in 2017. Sales of $126 were reported this morning across most regions. Export sales for the week of 3/1 were shown at 19,657 MT. Export data from January was released by Census, showing a record for beef exports at 243.674 million pounds. That was 15.3% larger than last year but down 6.6% from December, which is seasonal.

Apr 18 Cattle are at $121.800, down $1.175,

Jun 18 Cattle are at $113.450, down $1.375,

Aug 18 Cattle are at $111.350, down $1.100,

Mar 18 Feeder Cattle are at $142.425, down $1.350

Apr 18 Feeder Cattle are at $143.175, down $2.200

May 18 Feeder Cattle are at $144.625, down $2.250

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.