Cattle Current Podcast-May 23, 2018

Cattle Current Podcast-May 23, 2018

Cattle futures edged marginally higher on Tuesday, able to hold on to the previous day’s strong gains, after early pressure and amid light trade.

Except for 2¢ lower in spot Jun, Live Cattle futures closed an average of 20¢ higher.

Feeder Cattle futures closed an average of 10¢ higher.

Wholesale beef values continued to unwind Tuesday. 

Choice boxed beef cutout value was $1.47 lower in the afternoon at $229.35/cwt. Select was $1.66 lower at $205.86. Demand was light to moderate on moderate offerings.

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2018-05-22T18:52:20-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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