Cattle Current Market Update With Wes Ishmael

Last week’s weighted average 5-area direct price for fed steers was 59¢ higher at $115.19/cwt. on a live basis and 68¢ higher in the beef at $181.72. Cattle futures firmed to start the week, helped along by the Tyson announcement regarding the reopening of its Kansas plant (see below). Other than 40¢ and 2¢ [...]