At the Chicago
Mercantile Exchange, live cattle ended the day lower, waiting for cash trade to
develop. Feeder cattle were lower on the
same factors with additional pressure from the day’s firm move in corn. February live cattle closed $.15 lower at
$125.77 and April live cattle closed $.70 lower at $126.47. January feeder cattle closed $.67 lower at
$144.65 and March feeder cattle closed $.50 lower at $143.72.
Direct cash cattle trade activity has been slow to develop following the midweek holiday.
Continue reading Hog futures firm on demand optimism at Brownfield Ag News.
