At the Chicago
Mercantile Exchange, live cattle futures ended the day mostly lower ahead of
widespread direct cash business. Feeder
cattle futures closed higher tied to the recent losses in corn and on follow-through
support. August live cattle were
unchanged at $104.10 and October live cattle closed $.17 lower at $105.35. August feeder cattle closed $1.35 higher at
$138.37 and September feeder cattle closed $1.20 higher at $138.82.
Direct cash cattle trade activity is at a near standstill.
Continue reading Lean hogs mostly higher on spread trade at Brownfield Ag News.
