Cattle Current Podcast—Nov. 23, 2022

Cattle Current Podcast—Nov. 23, 2022

Cattle futures traded mostly narrowly lower Tuesday after early support, pressured by holiday-lightened trade.

Feeder Cattle futures closed an average of 45¢ lower, except for 15¢ higher in May.

Live Cattle futures closed an average of 15¢ lower, except for unchanged to 25¢ higher in three contracts.

Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Tuesday afternoon, according to the Agricultural Marketing Service, with too few transactions to trend.

Last week, live prices were $150/cwt. in the Texas Panhandle, $150-$152 in Kansas, $153-$155 in Nebraska and $152-$155 in the western Corn Belt. Dressed prices were $242.

Choice Boxed beef cutout value was $1.06 higher Tuesday afternoon at $256.63/cwt. Select was 95¢ higher at $234.18/cwt.

Corn futures closed mostly 1¢ to 3¢ lower.

Soybean futures closed mostly 2¢ to 4¢ lower.

2022-11-22T17:42:05-06:00

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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.