At the Chicago Mercantile Exchange, cattle futures ended the day higher ahead of widespread direct business in advance of Friday’s Cattle on Feed report. October live cattle closed $.62 higher at $113.07 and December contracts closed $.55 higher at $118.45. September feeder cattle closed $1.27 higher at $156.95 and October feeder cattle closed $.80 higher at $158.07.
A light trade finally developed in the South on Friday following the Cattle on Feed report.
Continue reading Hog futures pressured by supply concerns at Brownfield Ag News.
