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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—Oct. 26, 2021
	Category:		Business
	Duration:		00:06:14
	Publish Date:		2021-10-26 01:41:56
	Description:		Cattle futures found traction Monday from the friendly Cattle on Feed report. Feeder Cattle futures closed an average of $1.25 higher, except for 20¢ higher in waning spot Oct. Live Cattle futures closed an average of 92¢ higher. Corn futures closed mostly marginally higher. Soybean futures closed 9¢ to 16¢ higher. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Monday afternoon, according to the Agricultural Marketing Service. Last week, trade was at $124.00/cwt. on a live basis in the Southern Plains and mainly $124-$125 in Nebraska and the western Corn Belt. Dressed trade was at $196. Choice boxed beef cutout value was $1.22 higher Monday afternoon at $283.04/cwt. Select was 8¢ higher at $263.19.
	Total Play:		0