At the Chicago Mercantile Exchange, cattle futures closed higher ahead of widespread direct cash business and stronger wholesale values at midday. December live cattle closed $.55 higher at $115.15 and February live cattle closed $.50 higher at $119.10. January feeder cattle closed $.87 higher at $147.85 and Marche feeder cattle closed $.75 higher at $144.55.
Direct cash cattle trade has been fairly quiet with just a handful of deals reported in parts of Iowa.
Continue reading Cattle, hog futures higher on wholesale values at Brownfield Ag News.
