October 3, 202300:05:59

Cattle Current Podcast—Oct. 4, 2023

Cattle futures surged lower Tuesday beneath the weight of pessimistic outside markets tied to more indicators of persistent inflation.

Feeder Cattle futures closed an average of $5.12 lower.

Live Cattle futures closed an average of $2.42 lower ($1.60 to $2.87 lower).

Corn futures closed mostly 1¢ to 2¢ lower.

KC HRW Wheat closed 3¢ to 6¢ higher.

Soybean futures closed mostly 3¢ to 5¢ lower.

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