Negotiated cash fed cattle trade ended last week $1-$3 higher: mainly $111.00-$111.50 on a live basis and $175 in the beef.
Feeder Cattle futures wandered to a mostly higher close on Friday, while Live Cattle settled mostly marginally mixed as traders bided their time for the next week.
Other than 47¢ and 22¢ higher on either end of the board, Live Cattle futures closed marginally mixed (15¢ lower to 5¢ higher).
Other than 5¢ and 7¢ lower at the back of the board, Feeder Cattle futures closed an average of 55¢ higher (32¢ to 80¢ higher).
Choice boxed beef cutout value was 78¢ higher Friday afternoon at $198.22/cwt. Select was 60¢ higher at $190.05.
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