At the Chicago
Mercantile Exchange, live cattle closed mixed ahead of widespread direct cash
business and spread adjustments. Feeder
cattle were mixed on the same factors. February
live cattle closed $.27 lower at $126.42 and April live cattle closed $.10
lower at $127.67. January feeder cattle
closed $.12 lower at $145.42 and March feeder cattle closed $.30 lower at
$144.50.
It’s a typical start to the week for direct cash cattle trade activity.
Continue reading Cattle futures off to a slow start at Brownfield Ag News.