Chicago Mercantile Exchange live cattle futures were steady to
modestly higher in light pre-holiday trade ahead of the week’s widespread
direct business. December was up $.25 at $122.65 and February was $.15 higher
at $125.82.
Feeder cattle were mixed, mostly firm on the same factor as the live
pit. January was up $.05 at $143.57 and March was down $.05 at $143.67.
Direct cash cattle business was at a standstill. Asking prices were
$123 live and $195 dressed, with a few bids at $121.
Continue reading Hog futures up on China optimism at Brownfield Ag News.
