Cattle Current Podcast-November 1

Cattle Current Podcast-November 1

Between follow-through buying and increasing fundamental bullishness, Cattle futures extended gains from the surge in the previous session.

Live Cattle futures closed an average of $1.37 higher (92¢ to $2.25 higher).

Except for 55¢ higher in the back contract, Feeder Cattle futures closed an average of $1.74 higher ($1.10 to $1.95 higher).

Choice boxed beef cutout value was $3.12 higher Tuesday afternoon at $206.44/cwt. Select was 26¢ higher at $193.90. At $12.54, the Choice-Select spread was the highest since July.

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2017-10-31T18:46:37-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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