National Ag News
Cattle futures continue slide
May 16, 2017, 16:52 PM
by
System
Chicago Mercantile Exchange live cattle futures were lower, pressured by follow through selling and demand uncertainties. A number of contracts have recently moved below what had been support. The trade’s waiting for this week’s direct cash business and Fed Cattle Exchange results to see if those markets have seen their seasonal tops. June was down $.55 at $121.90 and August was $.55 lower at $118.25.
Feeder cattle were lower, also on follow through selling and demand uncertainties.
Continue reading Cattle futures continue slide at Brownfield Ag News.
