At the Chicago
Mercantile Exchange, live cattle futures ended the day higher on strong
wholesale values and expectations of improved cash business after the markets
tumbled last week. Feeder cattle futures
closed higher on the same factors. October
live cattle closed $.22 higher at $100.22 and December live cattle closed $.47
higher at $105.30. September feeder
cattle closed $1.57 higher at $135.30 and October feeder cattle closed $.90
higher at $134.55.
Another quiet day for direct cash cattle trade activity.
Continue reading Hog futures drop on demand concerns at Brownfield Ag News.
