Cattle Current Podcast-Apr. 25, 2018

Cattle Current Podcast-Apr. 25, 2018

Following early support, Cattle futures drifted to a mostly marginally lower close on Tuesday, amid light activity and bearish outside markets.

Except for 17¢ higher in near Jun, Live Cattle futures closed an average of 43¢ lower (17¢ to 80¢ lower).

Other than 7¢ higher in spot Apr and 65¢ higher in the back contract, Feeder Cattle futures closed an average of 47¢ lower.

Wholesale beef values continued higher on Tuesday. Choice boxed beef cutout value was $2.54 higher in the afternoon at $217.65/cwt. ($5.89 higher in the last two days). Select was 39¢ higher at $202.11.

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2018-04-24T19:47:19-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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