Cattle Current Podcast-Feb. 7, 2018

Uncertainty borne by the massive selloff in equities helped pressure Cattle futures, especially early in Tuesday’s session. Perhaps some traders were also looking ahead to Thursday’s World Agricultural Supply and Demand Estimates.

For the most part, Cattle futures remain higher week to week.

Live Cattle futures closed an average of 71¢ lower (22¢ to $1.12 lower).

Feeder Cattle futures closed an average of 97¢ lower (62¢ to $1.20 lower).

Choice boxed beef cutout value was $1.00 lower on Tuesday afternoon at $208.43/cwt. Select was $1.43 lower at $202.73.