Cattle futures edged lower and closed off of session lows on Monday with little support.
Other than 95¢ lower in spot Aug and narrowly mixed in the back four contracts, Live Cattle futures closed 37¢ lower.
Except for 7¢ higher in Apr, Feeder Cattle futures closed an average of 38¢ lower.
Choice boxed beef cutout value was $1.30 lower Monday afternoon at $217.54/cwt. Select was 16¢ higher at $202.67.