Live cattle futures were down 4% on the week in April futures, as the front months lost up to $2.20 on Friday. Feeder cattle futures are $1.92 lower on the day, with March losing 3% this week. The CME feeder cattle index was down $1.41 on March 22 at $137.98. Wholesale boxed beef values were sharply lower on Friday afternoon. Choice boxes were down $2.12 at $223.09, with Select boxes $1.62 lower at $216.40.