At the Chicago Mercantile Exchange, live cattle ended the day higher supported by the recent momentum in the cash trade. Feeder cattle were higher on the same factors with support from the weak move in corn. December live cattle closed $.62 higher at $119.87 and February live cattle closed $.65 higher at $125.67. November feeder cattle closed $.57 higher at $147.57 and January feeder cattle closed $1.25 higher at $147.12.
It was a slow start to the week for direct cash cattle trade activity.
Continue reading Cattle futures supported by stronger cash trade at Brownfield Ag News.
