At the Chicago Mercantile Exchange, live cattle futures closed mixed waiting for direction as the cash cattle trade remained in a standoff most of the day. Feeder cattle were pressured by the day’s higher move in corn. December live cattle closed $.32 higher at $116.92 and February live cattle closed $.22 higher at $120.50. January feeder cattle closed $.75 lower at $145.22 and March feeder cattle closed $.82 lower at $142.85.
Direct cash cattle trade headed into the weekend deadlocked.
Continue reading Cattle, hog futures fade into the weekend at Brownfield Ag News.
