At the Chicago
Mercantile Exchange, live cattle ended the day firm to higher ahead of
widespread direct cash business with additional support from higher wholesale
values during the session. Feeder cattle
were mostly higher on the same factors. October
live cattle closed $1.35 higher at $112.35 and December live cattle closed $.42
higher at $113.87. October feeder cattle
closed $.22 higher at $145.22 and November feeder cattle closed $.15 lower at
$145.92.
Direct cash cattle trade activity has been at a standstill through midweek.
Continue reading Cattle futures waiting for cash business at Brownfield Ag News.
