Cattle futures mixed on spread trade

Cattle futures mixed on spread trade

Chicago Mercantile Exchange live cattle futures were mostly modestly
lower on spread adjustments, profit taking, and end of the week consolidation.
December was up $.05 at $119.10 and February was $.05 higher at $124.97, after
that, contracts were weak.

Feeder cattle were mostly modestly higher on spread trade and the weak move in corn. Also, boxed beef was mixed at midday, with demand showing signs of slowing after the strong start to the week.

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