At the Chicago
Mercantile Exchange, live cattle closed lower on technical pressure, weak
export sale numbers, and ahead of widespread direct cash business. Feeder cattle closed lower on the same factors. October live cattle closed $1.92 lower at
$110.47 and December live cattle closed $.75 lower at $113.62. October feeder cattle closed $.70 lower at $143.50
and November feeder cattle closed $1.47 lower at $142.85.
Direct cash cattle trade finally developed Friday afternoon.
Continue reading Cattle, hog futures lower on disappointing export sales at Brownfield Ag News.
