Live Cattle futures closed an average of 16¢ higher, except for an average of 52¢ lower in the back two contracts.
Feeder Cattle futures closed an average of 63¢ lower through the front three contracts, and then 12¢ lower to 27¢ higher.
Wholesale beef values weakened on Thursday on light to moderate demand.
Choice boxed beef cutout value was 99¢ lower on Thursday afternoon at $209.07/cwt. Select was 28¢ lower at $202.95. Chuck cuts sold firm to steady, while rib, loin and round cuts sold steady to weak.
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Major U.S. financial indices closed sharply higher on Thursday on positive, early quarterly earnings reports.
The Dow Jones Industrial Average closed 205 points higher. The S&P 500 closed 19 points higher. The NASDAQ closed 58 points higher.