{"id":1815,"date":"2024-07-05T05:33:08","date_gmt":"2024-07-05T05:33:08","guid":{"rendered":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/?p=1815"},"modified":"2024-07-05T05:33:09","modified_gmt":"2024-07-05T05:33:09","slug":"cattle-complex-closes-friday-mixed","status":"publish","type":"post","link":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/cattle-complex-closes-friday-mixed\/","title":{"rendered":"Cattle Complex Closes Friday Mixed"},"content":{"rendered":"\n<p>Live cattle futures closed 12 to 22 cents lower on the day, save for a 72 cent drop in Dec as options rolled off the board. Feeder cattle futures ended the session mostly higher with 7 to 10 cent gains in the front months. Jan contracts ended with a 2 cent loss on the day. The CME Feeder Cattle Index was $139.18 on 12\/3, down 43 cents. The weekly CoT report showed live cattle spec trader OI increased 1.3% for a net reduction to their 40k contract net long. In Feeder cattle futures and options, CFTC data showed managed money had flipped net long on the week via short covering. A few Friday catch up cash sales were noted at $109, the bulk of the week\u2019s business was $110. For dressed sales in the North, the range was $170-$176 with the majority from $172-$174. Wholesale boxed beef prices fell sharply on Friday, with a $4.17 drop in Choice and a $2.42 drop in Select. USDA estimates the week\u2019s FI cattle slaughter at 667,000 head through Saturday, which is down from 682k LY. YTD slaughter trails 2019\u2019s pace by 3.4%.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Dec 20 Cattle closed at $108.875, down $0.725,<\/td><\/tr><tr><td>Feb 21 Cattle closed at $112.400, down $0.175,<\/td><\/tr><tr><td>Apr 21 Cattle closed at $116.175, down $0.125,<\/td><\/tr><tr><td>Jan 21 Feeder Cattle closed at $139.775, down $0.025<\/td><\/tr><tr><td>Mar 21 Feeder Cattle closed at $139.425, up $0.100<\/td><\/tr><tr><td>Apr 21 Feeder Cattle closed at $140.775, up $0.075<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>&#8212; provided by Brugler Marketing &amp; Management<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live cattle futures closed 12 to 22 cents lower on the day, save for a 72 cent drop in Dec as options rolled off the board. Feeder cattle futures ended [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,10],"tags":[],"class_list":["post-1815","post","type-post","status-publish","format-standard","hentry","category-alan-brugler","category-cattle","entry"],"_links":{"self":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/1815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/comments?post=1815"}],"version-history":[{"count":1,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/1815\/revisions"}],"predecessor-version":[{"id":1828,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/1815\/revisions\/1828"}],"wp:attachment":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/media?parent=1815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/categories?post=1815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/tags?post=1815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}