Cattle Current Podcast-Feb. 12, 2018

Cattle Current Podcast-Feb. 12, 2018

Volatility in equity markets and sluggish cash fed cattle trade continued to pressure Cattle futures on Friday. Though undeveloped, reports of early fed cattle trade indicated prices about steady with the previous week.

Except for 75¢ higher in spot Feb, Live Cattle futures closed narrowly lower (10¢ to 47¢ lower).

Feeder Cattle futures closed an average of 72¢ lower (27¢ to $1.17 lower).

Choice boxed beef cutout value was $2.01 lower on Friday afternoon at $206.52/cwt. Select was $1.05 lower at $202.74.

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2018-02-10T16:23:25-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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