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Live cattle futures are currently 77.5 to 90 cents higher in the nearby contracts on Friday. Feeder cattle futures are also 27.5 to 62.5 cents in the green. The CME feeder cattle index was $1.55 lower than the previous day at $147.93. Wholesale beef prices were mixed in the Friday morning report, with choice down 86 cents at $199.77 and select boxes 16 cents higher at $196.35. The CH/SE spreads has now narrowed to $3.42. Week to date FI cattle slaughter was estimated at 472,000 head through Thursday, 7,000 more than last week and 23,000 larger than the same week last year. The USDA reported a few cash sales of $116 on Thursday.

Aug 17 Cattle are at $109.750, up $0.900,

Oct 17 Cattle are at $107.450, up $0.850,

Dec 17 Cattle are at $109.375, up $0.775,

Aug 17 Feeder Cattle are at $141.450, up $0.275

Sep 17 Feeder Cattle are at $141.750, up $0.450

Oct 17 Feeder Cattle are at $141.100, up $0.625

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