Cattle Current Podcast-Feb. 26, 2018

Cattle Current Podcast-Feb. 26, 2018

Cattle futures coasted to a narrowly mixed close on Friday, unable to muster much support since the mid-week selloff. Friday’s Cattle on Feed report (see below) indicating more January placements than the trade expected may add pressure early in the week.

Live Cattle futures closed narrowly mixed (55¢ lower to 22¢ higher).

Feeder Cattle futures closed narrowly mixed (52¢ lower at the back of the board to 42¢ higher in Apr).

Choice boxed beef cutout value was 3¢ lower on Friday afternoon at $218.37/cwt. Select was 76¢ higher at $212.82.

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2018-02-24T17:42:06-05:00
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