Cattle futures mixed ahead of cash business

Cattle futures mixed ahead of cash business

At the Chicago

Mercantile Exchange, live cattle ended the day mixed on spread trade ahead of

widespread direct cash business.  Feeder

cattle were mixed on the same factors.  December live cattle

closed $.02 lower at $120.17 and February live cattle closed $.22 lower at

$124.75.  January feeder cattle closed $.02

lower at $14.52 and March feeder cattle closed $.60 higher at $142.27. 

Direct cash cattle trade activity is typically quiet for a Monday with bids and asking prices yet to surface. 

Continue reading Cattle futures mixed ahead of cash business at Brownfield Ag News.