Cattle Current Podcast-July 4 and 5, 2018

Cattle Current Podcast-July 4 and 5, 2018

Cattle futures mostly held within a narrowly mixed range on Tuesday, amid extremely light pre-holiday trade.

Except for 45¢ lower in spot Aug, Live Cattle futures closed an average of 30¢ higher.

Other than 87¢ higher in spot Aug, Feeder Cattle futures closed narrowly mixed, from an average of 24¢ lower to an average of 27¢ higher.

Futures markets will open again on Thursday.

Boxed beef cutout values were lower for Choice and higher for Select with light to moderate demand and heavy offerings, according to the Agricultural Marketing Service.

Choice boxed beef cutout value was $1.62 lower Tuesday afternoon at $210.26/cwt. Select was 94¢ higher at $199.71.

2018-07-03T19:46:12-05:00

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