At the Chicago Mercantile Exchange, live cattle ended the day higher on expectations that the higher cash trade will carry over into this week. Feeder cattle futures were higher on the same factors with additional support from the day’s weaker move in corn. October live cattle closed $1.17 at $110.62 and December live cattle closed $1.30 higher at $113.45. October feeder cattle closed $1.45 higher at $145.55 and November feeder cattle closed $1.82 higher at $146.07.
Continue reading Cattle futures higher on cash support at Brownfield Ag News.
