National Ag News
Cattle futures up, hogs down on cash business
Jul 14, 2017, 16:38 PM
by
System
Chicago Mercantile Exchange live cattle futures were higher, supported by the week’s direct cash business, spillover from feeders, and a lack of new selling interest. August was $.37 higher at $117.80 and October was up $.75 at $118.57.
Feeder cattle were higher on short covering and a lack of selling interest. August was up $1.25 at $154.27 and September was $1.10 higher at $154.07.
Direct cash cattle markets were quiet Friday, with business wrapped up earlier in the week.
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