Cattle Current Podcast-Feb. 05, 2018

Cattle Current Podcast-Feb. 05, 2018

Follow-through buying and commercial interest helped Cattle futures hold on to steep gains from the previous day.

Live Cattle futures closed an average of 36¢ higher.

Feeder Cattle futures closed an average of $1.11 higher (47¢ to $1.65 higher).

When all was said and done last week, cash fed cattle sales were steady to $1 lower at mostly $126/cwt. on a live basis; steady in the beef at $200.

Choice boxed beef cutout value was 50¢ lower on Friday afternoon at $209.10/cwt. Select was $1.09 lower at $203.45.

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2018-02-04T18:29:11-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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