At the Chicago Mercantile Exchange, cattle futures closed mixed ahead of widespread direct cash business. Contracts were pressured by less than stellar weekly export sales totals and weakness in the stock market. December live cattle closed $.05 lower at $117.80, February live cattle closed $.27 lower at $121.52, and April live cattle closed $.15 higher at $123.62. January feeder cattle closed $.17 higher at $144.37 and March feeder cattle closed $.07 lower at $141.87.
A light direct cash cattle trade developed heading into the end of the day Friday.
Continue reading Pork cutout props up hog futures at Brownfield Ag News.
