At the Chicago Mercantile Exchange, cattle futures ended the day mostly higher in choppy trade. There is support from higher beef values due to speculation Hurricane Florence may reduce pork availability. October live cattle closed $.27 lower at $113.42 and December live cattle closed $.05 higher at $118.10. September feeder cattle closed $.10 lower at $157.32 and October contracts closed $.30 higher at $159.17.
Direct cash cattle trade is mostly at a standstill, however, there were a few deals done in Nebraska at $111.50 live.
Continue reading Hog futures mostly lower on supply concerns at Brownfield Ag News.
