Search

Home > Cattle Current Market Update with Wes Ishmael > Cattle Current Podcast-Oct. 23, 2018
Podcast: Cattle Current Market Update with Wes Ishmael
Episode:

Cattle Current Podcast-Oct. 23, 2018

Category: Business
Duration: 00:04:50
Publish Date: 2018-10-22 23:18:38
Description:

Apparently, traders viewed Friday’s Cattle on Feed report as bullish overall (see below), helping to boost Cattle futures Monday.

Live Cattle futures closed an average of $1.10 higher (55¢ to $1.32 higher).

Feeder Cattle futures closed an average of $1.92 higher $1.00-$2.97 higher).

Wholesale beef values were higher to sharply higher on moderate to good demand and light to moderate offerings, according to the Agricultural Marketing Service.

Choice boxed beef cutout value was $1.35 higher Monday afternoon at $209.28/cwt. Select was $3.42 higher at $197.66.

Total Play: 0