National Ag News

Chicago Mercantile Exchange live cattle futures were steady to modestly lower on spread trade, the lower boxed beef trend, and profit taking after Wednesday’s limit up move. August was down $.45 at $117.42 and October held at $117.82.

Feeder cattle were higher, supported by the drop in corn, but not taking advantage of the expanded daily trading limits. August was $1.27 higher at $153.02 and September was up $1.30 at $152.97.

Continue reading Direct cattle business steady to higher at Brownfield Ag News.