S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketLive cattle futures are pulling back from early strength, with contracts 57 cents to $1.27 lower. Cash trade has yet to see much action this week, with last week at $221-223 in the South and some up to $225, with business at $234-237 in the North. Feeder cattle futures saw losses of 42 to 52 cents in the nearbys at the close. The CME Feeder Cattle Index was up 35 cents on June 2 with an average price of $301.48.
USDA’s National Wholesale Boxed Beef prices were lower on Tuesday afternoon, with the Chc/Sel spread at $8.92. Choice boxes were back down 56 cents at $365.44, while Select was quoted $1.59 lower at $356.52/cwt. USDA’s Federally inspected cattle slaughter for Tuesday was 121,000 head, with the week to date total at 236,000 head. That is down 5,089 head from the same week last year.
Jun 25 Live Cattle closed at $215.975, down $0.575,
Aug 25 Live Cattle closed at $209.750, down $1.250,
Oct 25 Live Cattle closed at $207.925, down $1.275,
Aug 25 Feeder Cattle closed at $301.225, down $0.525,
Sep 25 Feeder Cattle closed at $300.425, down $0.475,
Oct 25 Feeder Cattle closed at $298.650, down $0.425,
