Cattle Current Daily-October 17

Cattle Current Daily-October 17

Cattle futures meandered to a lower close in mostly sideways trade on Monday with traders apparently awaiting further direction from the cash market.

After $1.10 lower in spot Oct., Live Cattle futures closed 15¢ to 47¢ lower, except for 10¢ and 27¢ higher at the back.    

Other than 5¢ lower in spot Oct., Feeder Cattle futures closed an average of 50¢ lower.

Choice boxed beef cutout value was 59¢ higher Monday afternoon at $198.81/cwt. Select was 52¢ higher at $190.57.

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2017-10-16T19:35:03-05:00
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