Cattle Current Podcast-July 21

Cattle Current Podcast-July 21

Cattle futures closed sharply lower on Thursday, pressured by position squaring following the previous session’s rally, surging grain futures prices and the ongoing lack of commercial interest.

Live Cattle futures closed an average of $1.26 lower (80¢ to $1.80 lower), except for unchanged at the back.

Feeder Cattle futures closed an average of $2.19 lower ($2.05 to $2.37 lower).

Choice boxed beef cutout value was 8¢ lower Thursday afternoon at $207.65/cwt. Select was 9¢ higher at $195.58.

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2017-07-20T18:44:26-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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