Light direct cattle trade develops at lower prices

At the Chicago Mercantile Exchange, live cattle were sharply lower with weaker demand and external market pressure from the economy. October Live Cattle closed $3.42 lower at $175.60. September Feeder Cattle were down $4.77 at $234.50. In the direct cash cattle trade, a large string in Nebraska sold at mostly $295 dressed, $3 lower than last […]

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