Cattle Market Commentary

Live cattle futures closed 30 to 85 cents lower in the nearby contracts. Feeder cattle futures were down $1.27 to $2.12 on rising feed costs. The CME feeder cattle index was down a penny on October 10 at $158.37. Weekly beef production was down 0.4% from the previous week but 3.2% larger than the same week a year ago. Weekly FI slaughter was estimated at 639,000 head, which would be 4,000 below the previous week.

--provided by Brugler Marketing & Management, Call (402) 289-2330




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

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