Chicago Mercantile Exchange live cattle futures were lower on another round of liquidation and demand concerns as the trade gets ready for this week’s cash business. August was down $.95 at $113.82 and October was $.40 lower at $113.42.
Feeder cattle futures were lower on liquidation and demand concerns, along with the higher move in corn. August and September were both down $.35 at $144.67.
Direct cash cattle markets were quiet and the big feature was the distribution of this week’s showlist.
Continue reading Cattle, hog futures start week lower at Brownfield Ag News.
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