Chicago Mercantile Exchange live cattle futures were mostly lower getting ready for the week’s direct cash cattle business. The major feeding areas were quiet, typical for a Tuesday. The recent boxed beef trend, firm to sharply higher again at midday with Select outgaining Choice, didn’t offer much support. Trade was light, with many in the commodities watching the broader market and waiting for midterm election results. December was up $.10 at $115.42 and February was down $.25 at $120.40.
Continue reading Fundamentals hit hog futures hard at Brownfield Ag News.
