Stability and narrower price ranges were welcome in Cattle futures on Thursday with Live Cattle support firming as the session continued, helping Feeder Cattle along the way.
Other than 5¢ lower in expiring June and unchanged at the back, Live Cattle futures closed an average of $1.10 higher (87¢ to $1.32 higher).
Feeder Cattle futures closed an average of $1.28 higher (77¢ to $2.17 higher).
Choice boxed beef cutout value was $2.88 lower Thursday afternoon at $226.55/cwt. Select was $2.51 lower at $210.16.