At the Chicago Mercantile Exchange, cattle futures ended the day lower on the lack of any supportive fundamentals and technical selling. August live cattle closed $1.05 lower at $107.20 and October contracts closed $1.10 lower at $108.15. August feeder cattle closed $1.25 lower at $148.65 and September contracts closed $1.07 at $148.45.
Direct cash cattle trade is quiet today – which is typical for a Monday. This week’s showlists look to be generally larger, especially in the South.
Continue reading Hog futures up on midday pork at Brownfield Ag News.
