Cattle Current Podcast-May 9, 2018

Cattle Current Podcast-May 9, 2018

After early pressure, Cattle futures recovered some on last week’s heavy trade and apparent short covering, but still closed mostly lower.

Live Cattle futures closed an average of 47¢ higher in the front four contracts (12¢ to $1.25 higher in spot Jun) and then an average of 20¢ lower.

Other than 10¢ higher and 2¢ higher in the front two contracts, Feeder Cattle futures closed an average of 63¢ lower.

Choice boxed beef cutout value was $1.79 higher Tuesday afternoon at $230.93/cwt. Select was $1.27 lower at $209.93.

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2018-05-08T20:01:23-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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