Cattle Current Podcast-Feb. 02, 2018

Cattle Current Podcast-Feb. 02, 2018

Apparently traders considered the previous day’s Cattle inventory numbers to their liking as Cattle futures steamed ahead with apparent short covering, technical buying and perhaps concerns about the expanding drought.

Live Cattle futures closed an average of $2.29 higher.

Feeder Cattle futures closed at average of $3.99 higher.

Wholesale beef values continued in sideways trade on Thursday. Choice boxed beef cutout value was 46¢ lower at $209.60. Select was 22¢ higher at 204.54.

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2018-02-01T22:01:47-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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