National Ag News

Both bids and asking prices are poorly defined in feedlot country on Tuesday. A few Southern feedlot managers have suggested asking prices around 123.00 to 124.00. Significant business is not expected until late in the week. The slaughter was estimated at 115,000 head, 2,000 more than last week, and 4,000 greater than a year ago.

Boxed beef cutout values were higher on the choice and weak on select on light to moderate demand and moderate offerings.

Continue reading Cattle futures close higher at Brownfield Ag News.