))
Cattle Current Podcast-Mar. 8, 2018
Archived series ("HTTP Redirect" status)
Replaced by: Cattle Current Market Update with Wes Ishmael
When?
This feed was archived on April 25, 2018 01:44 (
Why? HTTP Redirect status. The feed permanently redirected to another series.
What now? If you were subscribed to this series when it was replaced, you will now be subscribed to the replacement series. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 199864544 series 1452639
Content provided by Wes Ishmael: cattle business analyst. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wes Ishmael: cattle business analyst or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
There were only 474 head offered (5 lots) in the weekly Fed Cattle Exchange Auction on Wednesday, but most of them sold: 387 head (4 lots) for a weighted average price of $126/cwt. for delivery at 1-9 days. That’s the same price paid the previous day in early Nebraska trade. It also mirrored eventual country trade.
Early live trade was at $126 in the Southern Plains on Wednesday, in light trade with light to moderate demand. Early dressed trade in Nebraska was at $203-$204; $204 in the western Corn Belt.
After strong support early, Cattle futures drifted to a mostly narrowly mixed close.
Live Cattle futures closed unchanged to an average of 17¢ higher.
After an average of 64¢ lower in the front two contracts, Feeder Cattle futures closed narrowly mixed (22¢ lower to 35¢ higher).
Wholesale beef values were little changed Wednesday with Choice boxed beef cutout value 22¢ higher in the afternoon at $223.57/cwt. Select was even at $215.20.
51 episodes
Share
