Cattle futures mixed ahead of week’s direct business

Cattle futures mixed ahead of week’s direct business

Chicago Mercantile Exchange live cattle futures were mixed, watching

the distribution of this week’s showlist and getting ready for widespread

direct trade. December was up $.17 at $122.40 and February was down $.12 at

$125.67.

Feeder cattle were down on the same factors as the live pit, with

light additional pressure from corn. January was $.75 lower at $143.52 and

March was down $.65 at $143.72.

Direct cash cattle markets were quiet.

Continue reading Cattle futures mixed ahead of week’s direct business at Brownfield Ag News.