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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast-Oct. 11, 2018
	Category:		Business
	Duration:		00:05:45
	Publish Date:		2018-10-10 19:23:20
	Description:		Negotiated cash fed cattle trade remained mostly undeveloped through Wednesday afternoon. There were a few early dressed sales in the western Corn Belt for steady to $1 lower than last week at $174/cwt. A few live sales there were at $109-$111, but too few to trend. There were 1,246 head offered in the weekly Fed Cattle Exchange auction Wednesday, and no sales. A steep plunge on Wall Street helped pressure Cattle futures lower Wednesday. Live Cattle futures closed an average of 60¢ lower (32¢ to $1.27 lower in spot Oct). Feeder Cattle futures closed an average of $1.16 lower. Wholesale beef values were lower on light demand and light to moderate offerings, according to the Agricultural Marketing Service. Choice boxed beef cutout value was 74¢ lower Wednesday afternoon at $202.11/cwt. Select was 95¢ lower at $191.77.
	Total Play:		0