Cattle Current Podcast—Dec. 10, 2021

Cattle Current Podcast—Dec. 10, 2021

So far this week, fed cattle prices are steady to $2 lower.

Negotiated cash fed cattle trade was limited on light demand in the Southern Plains and the western Corn Belt through Thursday afternoon, according to the Agricultural Marketing Service.

Prices in the Southern Plains were at $140/cwt., which was steady with the prior day but $2 lower than last week.

Although too few to trend, there were a few live sales in the western Corn Belt at $138-$140 and a few in the beef at $220. Prices there last week were $140 and $220, respectively.

Trade in Nebraska was slow on moderate demand. Dressed prices were steady with last week at $220. Although too few to trend, there were some live trades at $138-$140, compared to $140 last week.

Trade in Colorado was mostly inactive on very light demand. Live prices last week were $142.

Choice boxed beef cutout value was 44¢ higher Thursday afternoon at $264.55/cwt. Select was $1.41 lower at $251.68.

Cattle futures softened amid the subdued cash trade.

Live Cattle futures closed an average of 62¢ lower.

Feeder Cattle futures closed an average of 55¢ lower, except for 67¢ higher in spot Jan.

Corn futures closed 3¢ to 4¢ higher through near Jly and then mostly 2¢ to 3¢ lower.

Soybean futures closed mostly 3¢ to 4¢ higher.

2021-12-09T20:16:37-06:00

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.