At the Chicago Mercantile Exchange, live cattle ended the day lower ahead of the Cold Storage and Cattle on Feed reports, which came out Friday. Lower wholesale values and Thursday’s bearish Livestock Slaughter report also pressured prices. Feeder cattle were lower on the same factors. December live cattle closed $.65 lower at $118.67 and February live cattle closed $1.20 lower at $123.85. January feeder cattle closed $3.32 lower at $138.27 and March feeder closed $3.20 lower at $139.60.
Continue reading Cattle futures end the week lower at Brownfield Ag News.
