At the Chicago
Mercantile Exchange, cattle futures ended the day higher on weather concerns, technical
buying, and spillover support from the limit move up in hogs. April live contracts closed $1.70 higher at
$129.10 and June closed $1.57 higher at $121.92. April feeder contracts closed $2.27 higher at
$146.92 and May feeder cattle closed $2.10 higher at $148.45.
Direct cash cattle trade ended the week quiet. There has been little to no activity in the South.
Continue reading China news propels hog futures limit higher at Brownfield Ag News.
