At the Chicago
Mercantile Exchange, live cattle futures were due for a bounce with additional
support from the steady to higher cash trade ahead of the holiday break. Feeder cattle futures closed lower on profit
taking and the days surge in corn. August
live cattle closed $1.35 higher at $105.45 and October live cattle closed $.95
higher at $106.30. August feeder cattle
closed $1.80 lower at $136.57 and September feeder cattle closed $1.87 lower at
$136.95.
A light to moderate trade has developed across much of cattle country.
Continue reading Live cattle futures higher heading into holiday break at Brownfield Ag News.
