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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—Sept. 28, 2022
	Category:		Business
	Duration:		00:04:47
	Publish Date:		2022-09-28 00:16:43
	Description:		Cattle futures continued lower with outside markets Tuesday. Feeder Cattle futures closed an average of $1.02 lower. Live Cattle futures closed an average of 67¢ lower. Negotiated cash fed cattle trade was steady in the Southern Plains Tuesday at $143/cwt. on slow trade and moderate demand. Elsewhere, trade was inactive on light demand. Last week, live prices were $144-$145 in Nebraska and $145-$148 in the western Corn Belt. Dressed prices were $228-$232 in Nebraska and $227-$243 in the western Corn Belt. Choice Boxed beef cutout value was $1.07 higher Tuesday afternoon at $248.91/cwt. Select was 1.27 lower at $222.08/cwt. Corn futures closed 1¢ to 2¢ higher through Jly ‘23 and then mostly unchanged to fractionally lower. Soybean futures closed 1¢ to 3¢ lower through Aug ‘23 and then mostly fractionally higher.
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