Cattle Current Podcast-November 20

Cattle Current Podcast-November 20

Feeder Cattle futures closed sharply lower on Friday with recent weakness, light trade, higher corn prices and defensiveness to the Cattle on Feed report (see below). Live Cattle followed along but less steeply.

Live Cattle futures closed an average 67¢ lower (45¢ to 90¢ lower).

Feeder Cattle futures closed an average of $1.67 lower ($1.00 to $2.17 lower).

Choice boxed beef cutout value was $3.00 lower Friday afternoon at $207.24/cwt. Select was 2¢ higher at $187.85.

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2017-11-18T17:49:07-05:00
Copyright 2017 Cattle Current | All Rights Reserved
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