At the Chicago Mercantile Exchange, cattle futures ended the day lower on technical pressure and weakness in cash and wholesale beef. Feeder cattle were pressured by the day’s firm move in corn. April live cattle closed $.50 lower at $125.77 and June contracts closed $.65 lower at $119. April feeder cattle closed $.10 lower at $144.75 and May contracts closed $.52 lower at $147.27.
A light to moderate trade has developed in parts of the south.
Continue reading Hog futures continue to push higher at Brownfield Ag News.
