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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast-Sept. 24, 2018
	Category:		Business
	Duration:		00:05:37
	Publish Date:		2018-09-23 15:01:19
	Description:		Other than Nebraska, negotiated cash fed cattle trade remained mostly undeveloped through late Friday afternoon. Live trades there were $1 lower than the previous week at $110-$110.50/cwt. Dressed trade was steady at $175. Late Friday, the Texas Cattle Feeders Association reported its members trading cattle at steady money of $111. Cattle futures firmed on Friday with apparent positioning ahead of the monthly Cattle on Feed report (see below). Except for 5¢ higher in the back contract, Live Cattle futures closed an average of 51¢ higher. Feeder Cattle futures closed an average of 87¢ higher across the front half of the board, and then an average of 10¢ higher. Wholesale beef values were steady to firm on light to moderate demand and offerings, according to the Agricultural Marketing Service. Choice boxed beef cutout value was 28¢ higher Friday afternoon at $204.80/cwt. Select was 20¢ lower at $194.71.
	Total Play:		0