Cattle Current Podcast—Apr. 10, 2019

Cattle Current Podcast—Apr. 10, 2019

Sluggish trade, pressure in Lean Hog futures and softer outside markets weighed on Cattle futures Tuesday.

Other than 10 cents and 90 cents higher at either end of the board, Live Cattle futures closed an average of 20 cents lower.

Feeder Cattle futures closed mixed, from an average of 23 cents lower to and average of 42 cents higher.

Corn futures closed unchanged to 1 cent higher.

Soybean futures closed unchanged to fractionally mixed.

Wholesale beef values were weak to lower on light demand and moderate offerings, according to the Agricultural Marketing Service.

Choice boxed beef cutout value was 32 cents lower at $228.32/cwt. Select was $2.08 lower at $218.80.

2019-04-09T21:06:31-05:00

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