Cattle Current Podcast—Jan. 16, 2024

Cattle Current Podcast—Jan. 16, 2024

Futures and equity markets were closed Monday in observance of Martin Luther King, Jr.

Negotiated cash fed cattle prices were at a standstill through Monday afternoon, according to the Agricultural Marketing Service. Last week, they wobbled on either side of steady. FOB live prices were steady to $1 lower in the Southern Plains at $172/cwt., steady to $2 lower in Nebraska at $173. and steady in the western Corn Belt at $175. Dressed delivered prices were 50¢ to $2 lower in Nebraska at $272-$275 and steady to $1 higher in the western Corn Belt at $275 on a light test.

Last week’s weighted average five-area direct FOB live steer price was 54¢ lower at $173.47. The weighted average dressed delivered fed steer price was $1.08 lower at $273.70.

Choice boxed beef cutout value was $2.16 higher Monday afternoon at 291.42/cwt. Select was 71¢ higher at $272.56/cwt.

2024-01-15T18:16:23-06:00

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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.

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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.