Cattle Current Podcast-Jan. 17, 2018

A surge in Lean Hog futures and oversold conditions helped lift Cattle futures on Tuesday, despite last week’s lower cash fed cattle trade and faltering wholesale beef values.

Choice boxed beef cutout value was $2.45 lower on Tuesday afternoon at $205.58/cwt. Select was $2.15 lower at $199.89.

Live Cattle futures closed an average of 55¢ higher (5¢ to 92¢ higher).

Feeder Cattle futures closed an average of $1.00 higher (72¢ to $1.27 higher).