Cattle Current Podcast-Mar. 28, 2018

Cattle Current Podcast-Mar. 28, 2018

Cattle futures, led by Feeder Cattle, closed mostly higher on Tuesday, although off of session highs. Apparently, they were so far oversold for so long that traders had little other choice.

Live Cattle futures closed fractionally mixed (5¢ lower to 32¢ higher).

Except for 17¢ higher in the back contract, Feeder Cattle futures closed an average of 86¢ higher.

Choice boxed beef cutout value was 17¢ lower Tuesday afternoon at $222.36/cwt. Select was $1.22 lower at $214.24.

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2018-03-27T18:17:17-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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