Cattle Current Podcast—Feb. 4, 2022

Cattle Current Podcast—Feb. 4, 2022

Negotiated cash fed cattle trade was moderate on moderate demand in the Southern Plains through Thursday afternoon, according to the Agricultural Marketing Service (AMS).

Live sales in the Texas Panhandle were $3 higher at $140 and $3-$4 higher in Kansas at $139-$140. Earlier in the week, live trade was $2-$3 higher in Nebraska at $138-$140 and in the western Corn Belt at $140. Dressed trade was $4 higher at $222.

Cattle futures closed mixed to a touch lower Thursday on likely profit taking from the recent run-up.

Feeder Cattle futures closed an average of 21¢ lower (5¢ to 55¢).

Live Cattle futures closed mixed, from an average of 16¢ lower to an average of 33¢ higher. 

Choice Boxed beef cutout value was $1.69 lower Thursday afternoon at $281.46/cwt. Select was $3.10 lower at $276.47.

Soybean futures closed mostly fractionally higher to 3¢ higher.

Corn futures closed 1¢ to 5¢ lower.

2022-02-03T21:18:30-05:00

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