Cattle futures continued to trudge lower on Friday, helped along by apparent technical selling and continued fund liquidation.
Live Cattle futures closed an average of 65¢ lower (7¢ lower toward the back of the board to $1.15 lower in spot Apr).
Feeder Cattle futures closed an average of $1.22 lower (80¢ to $1.47 lower).
Choice boxed beef cutout value was 22¢ higher on Friday afternoon at $222.52/cwt. Select was 96¢ lower at $214.64.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS | More