At the Chicago Mercantile Exchange, cattle future closed higher on steady cash trade and spillover support from hog futures. Talks of repairing trade relationships in increasing hope for higher beef exports. August live cattle closed $1.10 higher at $109.42 and October live cattle closed $1.60 higher at $110.87. August feeder cattle closed $.67 higher at $150.95 and September feeder cattle closed $1.70 higher at $151.82.
A fairly active trade finally developed in the North.
Continue reading Hog futures sharply higher second day in a row at Brownfield Ag News.
