Cattle futures closed mixed on Monday, with plenty of bearishness… lighter carcass weights continue to dilute the impact of increasing cattle numbers… coming up on your Cattle Current Market Update with Wes Ishmael.
Cattle futures closed mixed on Monday amid widely divergent action that featured plenty of pressure early in the session as traders continued to focus on uncertainty about beef demand.
Live Cattle futures closed an average of 72¢ lower in the front four contracts and then narrowly mixed.
Feeder Cattle futures closed 37¢ lower to 47¢ higher.
Choice boxed beef cutout value was $2.20 higher on Monday afternoon at $208.19/cwt. Select was $1.93 higher at $185.54.
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