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Idaho Farm Bureau's Podcast
Cattle market up, wheat trending down
August 27, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

Cattle market up, wheat trending down

August 27, 2018

Idaho Farm Bureau

Live cattle futures saw sharp $1.90 to $2.60 gains on Monday. Traders sold the rumor and bought the fact following the USDA Cattle On Feed report. Feeder cattle futures are up $3.60 in most contracts. The CME feeder cattle index is down 21 cents at $150.64. Wholesale boxed beef values are also higher this morning. Choice boxes are up $.31 cents at $213.63, while Select boxes are $1.03 higher.
Live cattle futures saw sharp $1.90 to $2.60 gains on Monday. Traders sold the rumor and bought the fact following the USDA Cattle On Feed report. Feeder cattle futures are up $3.60 in most contracts. The CME feeder cattle index is down 21 cents at $150.64. Wholesale boxed beef values are also higher this morning. Choice boxes are up $.31 cents at $213.63, while Select boxes are $1.03 higher.
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