Cattle Current Podcast-July 11, 2018

Cattle Current Podcast-July 11, 2018

Firmer wholesale beef values helped Cattle futures close mostly higher on Tuesday, after follow-through pressure early in the session.

Live Cattle futures closed an average of 72¢ lower through the front three contracts and then unchanged to 50¢ higher.

Feeder Cattle futures closed an average of 41¢ higher.

Boxed beef cutout values were steady to firm on fairly good demand and moderate offerings, according to the Agricultural Marketing Service.

Choice boxed beef cutout value was 40¢ higher Tuesday afternoon at $207.32/cwt. Select was 23¢ lower at $198.39.

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2018-07-11T11:20:34-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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