Chicago Mercantile Exchange live cattle futures were higher, waiting
to see how much direct trade is left to be done this week. August was up $.97
at $107.87 and October was $1.07 higher at $108.72.
Feeder cattle were lower on technical selling. August was down $.30 at
$141.22 and September was $.92 lower at $141.52.
Direct cash cattle markets were mostly quiet. Very light trade was
reported in Nebraska at mostly $183 dressed, steady with last week’s weighted
average, with a few sales at $114 live.
Continue reading Hog futures drop on new tariff talk at Brownfield Ag News.