# Weekly Livestock Comments, June 2, 2017 | Ohio BEEF Cattle Letter

> Fed cattle traded 5 higher on a live basis, with the five-area weighted average at 136.26 live and 215.14 dressed. The Choice cutout was 245.35 and the Select cutout was 217.95 after Memorial Day. The May cattle on feed report was somewhat bearish, but cash trade was strong.

- Date: 2017-06-01 · published 2017-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9904-weekly-livestock-comments-june-2-2017-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Packers buying to fill orders and feedlot tightness support fed cattle prices. Restocking demand after the holiday supports the beef cutout.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2017/06/07/weekly-livestock-comments-june-2-2017/
- u.osu.edu: https://u.osu.edu/beef/2017/06/page/3/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.