Cattle Current Podcast—Dec. 13, 2021

Cattle Current Podcast—Dec. 13, 2021

Negotiated cash fed cattle trade ranged from limited on light demand to a standstill through Friday afternoon, according to the Agricultural Marketing Service.

Live prices last week were $2 lower in the Southern Plains at $140/cwt. and steady to $2 lower at $138-$140 in Nebraska and the western Corn Belt. Dressed prices were steady at $220.

Cattle futures drifted a touch higher Friday.

Feeder Cattle futures closed and average of 62¢ higher (22¢ to $1.05 higher).

Live Cattle futures closed an average of 28¢ higher.

Choice boxed beef cutout value was 1¢ lower Friday afternoon at $264.54/cwt. Select was 56¢ higher at $252.24

Cattle futures drifted a touch higher Friday.

Feeder Cattle futures closed and average of 62¢ higher (22¢ to $1.05 higher).

Live Cattle futures closed an average of 28¢ higher.

Corn futures closed fractionally lower to 1¢ lower.

Soybean futures closed 1¢ to 3¢ higher through Nov ‘22 and then fractionally higher. 

2021-12-12T23:45:41-06:00

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