Chicago Mercantile Exchange live cattle futures were lower ahead of
the week’s widespread direct cash business. August was down $.55 at $108.10 and
October was $.37 lower at $109.07.
Feeder cattle were supported by the lower move in corn and technical
buying. August was up $.80 at $143.10 and September was $1.22 higher at
$144.05.
Direct cash cattle markets were mostly quiet. Some light trade was
reported in the north at $183 to mostly $185 dressed.
Continue reading Hog futures continue slide at Brownfield Ag News.