Cattle Current Podcast—Dec. 28, 2023

Cattle Current Podcast—Dec. 28, 2023

Cattle futures closed mixed Wednesday in light holiday trade.

Feeder Cattle futures closed an average of 57¢ higher (7¢ to 92¢ higher).

Live Cattle futures closed an average of 34¢ lower (12¢ to $1.12 lower), except for 15¢ higher in waning spot Dec.

Negotiated cash fed cattle trade was at a standstill in all regions through Wednesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $171/cwt. in the Texas Panhandle, $170-$171 in Kansas, $171-$172 in Nebraska and $170 in the western Corn Belt. Dressed delivered prices were $270.

Choice boxed beef cutout value was $1.83 lower Wednesday at 291.48/cwt. Select was 87¢ lower at $260.32/cwt.

Grain futures closed lower Wednesday on likely profit taking.

Corn futures closed mostly 2¢ to 3¢ lower.

KC HRW Wheat futures closed mostly 11¢ lower

Soybean futures closed unchanged to 3¢ higher through Nov ’24 and then 1¢ to to 2¢ lower.

2023-12-27T18:46:21-06:00

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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.