At the Chicago
Mercantile Exchange, live cattle ended the day mixed on spread trade. Feeder cattle were lower on the day’s
modestly higher move in corn. October
live cattle closed $.90 higher at $108.25 and December live cattle closed $.42
higher at $111.20. October feeder cattle
closed $.27 lower at $141.70 and November feeder cattle closed $.45 lower at
$140.92.
Direct cash cattle trade activity is off to its typically quiet start. This week’s showlists appear to be mixed – higher in Texas, somewhat lower in Nebraska and Colorado and lower in Kansas.
Continue reading Hog futures sharply lower on supply concerns at Brownfield Ag News.
