Chicago Mercantile Exchange live cattle futures were mostly higher with boxed beef up at midday, getting ready for Friday’s USDA Cattle on Feed report. June was up $.15 at $110.80 and August was $.20 higher at $108.15. Feeder cattle were mostly higher on the same factors as the live pit. May was $.15 higher at 4135.60 and August was up $.42 at $143.02. Direct cash cattle business was light. Most of Thursday’s activity was at $116 live in Colorado and Nebraska, down $1 on the week.
Continue reading Cattle futures mostly higher ahead of USDA numbers at Brownfield Ag News.
