Chicago Mercantile Exchange live cattle futures were mostly lower, nearby contracts were up and deferred months were down, getting ready for the USDA’s Cattle on Feed report. Placements were a little bit larger than expected, while on feed and marketings were close to pre-report estimates. December was $.10 higher at $122.22 and February was up $.17 at $125.80.
Feeder cattle were down with on the firm corn, also getting ready for
the USDA numbers.
Continue reading Hog futures mixed ahead of Monday’s USDA numbers at Brownfield Ag News.
