At the Chicago Mercantile Exchange, live cattle futures ended the day lower on the limited buying interest. Feeder cattle futures were lower following last week’s Cattle on Feed report. April live cattle closed $.02 lower at $128.50 and June live cattle closed $1.10 lower at $121.57. May feeder cattle closed $.72 lower at $150.80 and August feeder cattle closed $1.05 lower at $159.62.
Direct cash cattle trade activity has started the week quietly.
Continue reading Cattle, hog futures lower on supply concerns at Brownfield Ag News.
