At the Chicago
Mercantile Exchange, live cattle ended the day higher with support from
stronger wholesale values and strengthening cash trade. Feeder cattle were mostly lower, pressured by
the day’s higher move in corn. October
live cattle closed $.72 higher at $109.45 and December live cattle closed $.72
higher at $112.15. October feeder cattle
closed $.20 lower at $144.10 and November feeder cattle closed $.12 higher at $144.25.
Headed into the end of the day, a light to moderate direct cash cattle trade was reported in parts of the North.
Continue reading Stronger cash trade pushes live cattle higher at Brownfield Ag News.
