At the Chicago
Mercantile Exchange, weather was the big driver behind cattle trade. Earlier than normal cash business and weak
midday boxed beef limited any potential gains.
April closed $.02 higher at $126.67 and June live cattle closed $.65
higher at $119.32. March feeder cattle closed
$.25 higher at $141.55 and April feeder cattle closed $.27 lower at $144.12.
A moderate direct cash cattle trade developed in parts of cattle country. Live deals in Kansas were $127, dressed business in Nebraska was at $203, and dressed deals in Iowa were at $203 to $206.
Continue reading Weather prompts earlier than normal cattle trade at Brownfield Ag News.
