Chicago Mercantile Exchange live cattle futures were higher on follow through buying as traders prepared for the week’s widespread direct cash cattle business. No appreciable trade has been reported, but the futures market appears to be anticipating higher than a week ago prices. June was up $.1.10 at $108.30 and August was $.52 higher at $104.57.
Feeder cattle were up on follow through buying, the weak corn, and spillover from the live pit.
Continue reading Hog futures supported by cash business at Brownfield Ag News.
