Chicago Mercantile Exchange live cattle futures were steady to modestly higher, squaring up positions ahead of Tuesday’s day off for Christmas. With no direct cash reports and no USDA reports, business was choppy and light, without much actual influence from the broader market, as the Dow Jones Industrial Average and S&P 500 had their worst Christmas Eve on record. Futures business resumes Wednesday morning. December was unchanged at $120.87 and February was up $.07 at $145.55.
Continue reading Hog futures down on premium to cash at Brownfield Ag News.
