Cattle Current Podcast-Jan. 15, 2018

Cattle Current Podcast-Jan. 15, 2018

Cattle futures found some relief on Friday from oversold conditions and short covering.

Live Cattle futures closed an average of 48¢ higher (20¢ to 92¢ higher).

Feeder Cattle futures closed an average of 73¢ higher (10¢ to $1.27 higher).

Wholesale beef values weakened on Friday on light to moderate demand.

Choice boxed beef cutout value was 84¢ lower on Friday afternoon at $208.23/cwt. Select was $1.31 lower at $201.64. Rib and Chuck cuts sold mostly steady, while loin cuts sold steady to weak. Beef trimmings traded weak to lower on moderate demand.

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2018-01-14T19:07:56-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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