Cattle futures dropped on Friday, amid more trade worries, even as the most recent statistics show that U.S. beef exports continue higher year over year…coming up on your Cattle Current Market Update with Wes Ishmael.
Cattle futures closed sharply lower on Friday, amid position squaring and renewed angst about international trade issues.
Live Cattle futures closed an average of $1.54 lower (72¢ to $2.72 lower).
Feeder Cattle futures closed an average of $1.69 lower ($1.22 to $2.42 lower).
Choice boxed beef cutout value was 78¢ lower Friday afternoon at $214.31/cwt. Select was 71¢ lower at $205.60.
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