Cattle Current Podcast—Oct. 18, 2023

Cattle Current Podcast—Oct. 18, 2023

Cattle futures firmed Tuesday, helped along by recently higher cash fed cattle prices.

Feeder Cattle futures closed an average of 98¢ higher

Live Cattle futures closed an average of 43¢ higher.

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

Last week, FOB live prices were $183/cwt. in the Southern Plains and $185 in the north.  Dressed delivered prices were $290-$292.

Choice boxed beef cutout value was 47¢ higher Tuesday afternoon at $305.14/cwt. Select was $1.43 higher at $278.63/cwt.

Corn futures closed mostly 1¢ lower.

KC HRW Wheat closed 2¢ to 3¢ lower.

Soybean futures closed 7¢ to 10¢ higher through Sep ‘24 and then 3¢ to 6¢ higher.

2023-10-17T18:55:07-05:00

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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.

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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.