Cattle Current Podcast-October 25

Cattle Current Podcast-October 25

Cattle futures closed sharply higher on Tuesday, led by Feeder Cattle and supported by some traction in wholesale beef values, as well as the steady to slightly higher prices for fed cattle last week. If it holds together, the rally could help set the stage for higher cash fed cattle trade this week.

Live Cattle futures closed an average of $2.31 higher ($1.95 to $2.95 higher).

Feeder Cattle futures closed an average of $3.49 higher ($1.50 to $4.12 higher).

Choice boxed beef cutout value was 88¢ higher Tuesday afternoon at $200.13/cwt. Select was $1.64 higher at $192.69.

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2017-10-24T18:31:03-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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