National Ag News
Midday cash livestock markets
Apr 24, 2017, 13:06 PM
by
System
Business in cattle country on Monday is limited to the collection of the new showlists. Bids and asking prices are not well-defined at this point in time. The cost of live cattle is accelerating at a faster rate than the beef carcass value. Gross packer margins will start out the week around $153.00, the smallest since late march. Further narrowing may necessitate the slowing of chain speed, according to DTN.
Boxed beef cutout values are mixed, choice 217.87, up .71, and select 203.12, down .17.
Continue reading Midday cash livestock markets at Brownfield Ag News.
