Cattle Current Podcast-May 2, 2018

Cattle Current Podcast-May 2, 2018

Increased grain prices helped pressure Feeder Cattle futures on Tuesday, while apparent continued fund liquidation held Live Cattle in check.

Other than 22¢ and $1.35 higher in the back two contracts, Live Cattle futures closed an average of 49¢ lower.

Feeder Cattle futures closed an average of $2.09 lower across the front half of the board ($1.50 to $2.72 lower) and then an average of 51¢ lower.

Choice boxed beef cutout value was $2.01 higher Tuesday afternoon at $226.43/cwt. Select was $2.30 higher at $207.09.

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2018-05-01T18:44:03-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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