Cattle Current Podcast-August 14

Cattle Current Podcast-August 14

Futures edged higher on Friday, supported by short covering to end a lousy, bearish week.

Live Cattle futures closed an average of 77¢ higher (37¢ to $1.00 higher).

Feeder Cattle futures closed an average of 85¢ higher (52¢ to $1.37 higher).

Choice boxed beef cutout value was $1.03 lower Friday afternoon at $199.60/cwt. That’s the first time Choice cutout was below $200 since February. Select was 7¢ lower at $196.12. The Choice-Select spread was $3.48, the lowest since February.

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2017-08-12T18:54:30-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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