National Ag News
Strong close in cattle futures
Jul 12, 2017, 17:03 PM
by
System
Chicago Mercantile Exchange live cattle futures were sharply higher, most up $3, on technical momentum, some higher cash business, and spillover from a fully limit up move in feeders. August was $3.00 higher at $117.87 and October was up $3.00 at $117.82
Feeder cattle futures gained the $4.50 daily trading limit on the lower corn, technical buying, and expectations for generally cheaper feed supplies. August closed at $151.75 and September ended the day at $151.67.
Continue reading Strong close in cattle futures at Brownfield Ag News.
