Chicago Mercantile Exchange live cattle futures were mostly lower, closing before the start of the week’s widespread direct cash business. February was up $.50 at $126.62 and April was down $.20 at $127.17.
Feeder cattle were lower ahead of widespread direct trade. March was $1.47 lower at $142.60 and April was down $1.27 at $145.22.
Direct cash cattle markets stayed quiet well into Friday afternoon. Some very light trade was reported at $127 live in Illinois and $199 dressed in Iowa and Nebraska.
Continue reading Cattle futures mostly lower, still waiting for direct cash at Brownfield Ag News.
