Cattle Current Podcast-October 9

Cattle Current Podcast-October 9

Cash fed cattle trade remained a no-go through Friday afternoon. Cattle feeder confidence and logic both suggested ultimate trade of steady money at worst, but perhaps $1-$2 higher.

Except for unchanged and 17¢ higher at the back of the board, Live Cattle futures closed an average of 76¢ higher (50¢ to 95¢ higher).       

Feeder Cattle futures closed an average of 68¢ higher (32¢ to $1.12 higher).

Choice boxed beef cutout value was 3¢ lower Friday afternoon at $197.22/cwt. Select was $1.55 lower at $187.23.

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2017-10-08T16:50:46-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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