Chicago Mercantile Exchange live cattle futures were limit down on
long liquidation and the losses in the broader market. The uncertainties about
the impact of the plant fire in southwestern Kansas added to the session’s
negativity. Live and feeder cattle futures will have expanded trading limits
Tuesday. August was down $3.00 at $105.05 and October was $3.00 lower at
$103.75.
Feeder cattle were limit down on the same factors as the live pit.
Continue reading Live, feeder cattle futures drop the daily limit at Brownfield Ag News.
