Cattle Current Podcast-August 21

Cattle Current Podcast-August 21

Cattle futures ended a dismal week on Friday, finding some stability across the back half of the board, from profit taking if nothing else.

Choice boxed beef cutout value was $1.34 lower Friday afternoon at $194.29/cwt. Select was $1.70 lower at $192.50.

Live Cattle futures closed 32¢ to 75¢ lower through the front three contracts and then an average of 24¢ higher except for unchanged in Apr.

After 2¢ higher in spot Aug, Feeder Cattle futures closed an average of 42¢ lower in the next three contracts (2¢ to 70¢ lower), and then an average of 99¢ higher across the back half of the board (17¢ to $1.67 higher).

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2017-08-19T17:51:08-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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