Bids and asking prices in cattle country are very difficult to find on Tuesday. Again a few Southern showlists have been priced around 132.00 to 133.00. In somewhat of a surprise USDA Mandatory identified several thousand head of cattle trading in Iowa from 123.00 to 125.00 on Monday. The kill totaled 115,000 head, 1,000 less than last week, but 3,000 more than a year ago.
Boxed beef cutout values were weak on light to moderate demand and offerings.
Continue reading Cattle futures close higher at Brownfield Ag News.
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