Cattle Current Podcast-Mar. 19, 2018

Cattle Current Podcast-Mar. 19, 2018

Technical selling helped pressure Cattle futures again on Friday, despite the higher cash trade and strong wholesale beef values. More supply is coming, but current pressure seems overdone.

Live Cattle futures closed an average of 42¢ lower (15¢ to 70¢ lower).

Feeder Cattle futures closed an average of 37¢ lower (10¢ to 65¢ lower).

Choice boxed beef cutout value was 60¢ higher Friday afternoon at $225.59/cwt. Select was 55¢ higher at $216.86.

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2018-03-18T15:42:37-05:00
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