Cattle Current Podcast-August 1

Cattle Current Podcast-August 1

Cattle futures tottered mostly lower on Monday, pressured by last week’s lower cash fed cattle trade, follow-through selling and month-end position squaring.

Wholesale beef values continued to firm. Choice boxed beef cutout value was 47¢ lower Monday afternoon at $205.75/cwt. Select was $1.02 higher at $197.84.

Live Cattle futures closed an average of 52¢ lower (25¢ to 90¢ lower).

Except for 12¢ higher in spot Aug and 27¢ and $1.02 higher at the back, Feeder Cattle futures closed an average of 53¢ lower (37¢ to 80¢ lower).

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2017-07-31T18:40:46-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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