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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast-Oct 9, 2018
	Category:		Business
	Duration:		00:05:35
	Publish Date:		2018-10-08 20:11:11
	Description:		Negotiated cash fed cattle trade last week was mainly steady at $110-$112/cwt. on a live basis and at $174-$175 in the beef. Despite continued early pressure in equity markets—tied to worries about rising interest rates—Cattle futures managed to eke out gains to start the week. Other than 2¢ lower in the back contract, Live Cattle futures closed an average of 24¢ higher. Except for 10¢ lower in spot Oct and unchanged in the back contract, Feeder Cattle futures closed an average of 19¢ higher. Wholesale beef values were steady on moderate demand and offerings, according to the Agricultural Marketing Service. Choice boxed beef cutout value was 4¢ lower Monday afternoon at $203.21/cwt. Select was 7¢ lower at $191.81.
	Total Play:		0