Idaho Farm Bureau's Podcast Podcast Artwork Image
Idaho Farm Bureau's Podcast
January 5th Markets Steady
January 04, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

January 5th Markets Steady

January 04, 2018

Idaho Farm Bureau

Beef market leveling off this morning: Live cattle futures settled Thursday with most front contracts 50 to 70 cents weaker. Feeder futures were down 35 cents to $1.27 on the day. The CME feeder cattle index on January 3 was $155.60, down 30 cents from the previous day. But Wholesale boxed beef values were higher on Thursday afternoon. Choice boxes averaged 5 cents higher at $208.67, with Select boxes up $1.70 per cwt at $200.86.
Beef market leveling off this morning: Live cattle futures settled Thursday with most front contracts 50 to 70 cents weaker. Feeder futures were down 35 cents to $1.27 on the day. The CME feeder cattle index on January 3 was $155.60, down 30 cents from the previous day. But Wholesale boxed beef values were higher on Thursday afternoon. Choice boxes averaged 5 cents higher at $208.67, with Select boxes up $1.70 per cwt at $200.86.
See All Episodes