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Live cattle futures posted mixed trade on Monday, with nearbys down 22 to 40 cents and back months up 10 to 35 cents, Austin Schroeder reported for Barchart. Cash trade was quiet on Monday, as trade was $222-223 live and $345 dressed action in the North last week, with some southern action near $226. Feeder cattle futures were 30 to 85 cents lower on Monday.
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Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
“Cash trade ideas have improved after yesterday’s rally, but we have not seen any bids yet,” the Hightower Report said. “Fundamental underlyin…
Boxed beef cutout values this afternoon were lower on Choice and lower on Select, the USDA said.
Austin Schroeder at Barchart.com said, “Live cattle futures were down 30 cents to $1.25 across the board on Wednesday. Open interest was down …
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