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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast-Oct. 18, 2018
	Category:		Business
	Duration:		00:06:15
	Publish Date:		2018-10-17 19:21:23
	Description:		Negotiated cash fed cattle trade picked up in the North Wednesday with moderate demand and slow to moderate trade. Live prices were steady to $2 lower in Nebraska at $109-$111/cwt., and steady to $1 higher in the western Corn Belt at $109-$110. Dressed trade was steady in Nebraska at $174; steady to $1 lower in the western Corn Belt at $173-$174. There were 1,103 head offered in the weekly Fed Cattle Exchange Auction, but no takers. Cattle futures softened Wednesday, led by Feeder Cattle. Other than 27¢ higher in spot Oct, Live Cattle futures closed an average of 31¢ lower. Other than 5¢ higher in spot Oct, Feeder Cattle futures closed an average of 67¢ lower. Wholesale beef values were steady on Choice and lower on Select with light to moderate demand and offerings, according to the Agricultural Marketing Service. Choice boxed beef cutout value was 5¢ lower Wednesday afternoon at $204.56/cwt. Select was $1.36 lower at $191.19.
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