Chicago Mercantile Exchange live cattle futures were higher, supported by technical buying, the higher midday boxed beef, and the generally smaller than a week ago showlist. June was up $.47 at $123.92 and August was $.97 higher at $122.02.
Feeder cattle futures were higher, following the lead of the live pit. May was $.90 higher at $144.25 and August was up $2.32 at $152.77.
Direct cash cattle markets were quiet.
Continue reading Cattle futures supported by boxed beef at Brownfield Ag News.
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