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The choice is holding while the select has been slowly moving higher. With the current condition in the cutout the parker margin ration is holding around 58% which suggests a continued cash trade of $164.

Posted By: CattleHedgingMarch 22, 2023

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*The USDA has confirmed 1,931 hd of steers traded in the country so far today at $144.58 and another…

*The USDA has confirmed 4,043 hd of steers traded Friday in the 5 area at $136.93…

* The USDA has confirmed 3,792 hd traded in the country so far today with 3,110 hd of steers averaging …

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