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Idaho Farm Bureau's Podcast
Weekend Market Report
January 25, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

Weekend Market Report

January 25, 2018

Idaho Farm Bureau

Cattle market mixed this morning… Live cattle futures closed Thursday after failing to breach technical resistance. Profit taking ahead was part of the equation with trade expecting large on Feed totals. Feeder cattle futures were mostly $1.65 lower, with Jan expiring at $147.85. The CME feeder cattle index was down 35 cents at $147.68. Wholesale boxed beef values were mixed on Thursday afternoon. Choice boxes were down $1.22 at $206.77, with Select boxes 47 cents higher at $201.32.
Cattle market mixed this morning… Live cattle futures closed Thursday after failing to breach technical resistance. Profit taking ahead was part of the equation with trade expecting large on Feed totals. Feeder cattle futures were mostly $1.65 lower, with Jan expiring at $147.85. The CME feeder cattle index was down 35 cents at $147.68. Wholesale boxed beef values were mixed on Thursday afternoon. Choice boxes were down $1.22 at $206.77, with Select boxes 47 cents higher at $201.32.
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