Cattle Current Podcast—Feb. 15, 2022

Cattle Current Podcast—Feb. 15, 2022

Last week’s stouter packing pace and higher cash prices helped Cattle futures edge higher Monday.

Feeder Cattle futures closed an average 57¢ higher except for unchanged in the back contract.

Live Cattle futures closed an average of 28¢ higher except for unchanged in Dec.

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

Last week, live prices were at $140/cwt. in the Southern Plains and Nebraska; $140-$142 in the western Corn Belt. Dressed trade was at $224.

The five-area direct weighted average steer price last week was 72¢ higher than the previous week at $140.48/cwt. on a live basis. The average steer price in the beef was $2.25 higher at $224.04.

Choice Boxed beef cutout value was 56¢ lower Monday afternoon at $273.96/cwt. Select was 92¢ higher at $268.75.

Corn futures closed mostly 3¢ to 5¢ higher.

Soybean futures closed mostly 1¢ to 13¢ lower through near Nov and then mostly 2¢ to 4¢ higher.

2022-02-14T20:51:47-05:00

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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.