After some early pressure, Cattle futures firmed and closed a touch higher Tuesday.
Except for 12¢ lower in the back contract, Live Cattle futures closed an average of 29¢ higher.
Feeder Cattle futures closed an average of 60¢ higher.
Wholesale beef values were steady to weak on light to moderate demand and light offerings, according to the Agricultural Marketing Service.
Choice boxed beef cutout value was 19¢ lower Tuesday afternoon at $204.89/cwt. Select was 65¢ lower at $193.98.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS | More