Chicago Mercantile Exchange live cattle futures were mostly lower on spread trade, profit taking, and position squaring ahead of the week’s widespread direct cash business. October was the exception, up $.07 at $113.35, and December was down $1.27 at $117.07.
Feeder cattle were down on profit taking and position squaring ahead of direct cash trade. October was down $.65 at $153.97 and November was $1.97 lower at $153.95.
Direct cash cattle markets were at a standstill.
Continue reading Cattle futures mostly lower, waiting for direct trade at Brownfield Ag News.
