National Ag News
Boxed beef, pork close lower
Jul 18, 2017, 16:55 PM
by
System
Chicago Mercantile Exchange live cattle futures were sharply lower on long liquidation, as the trade gets ready for widespread direct business and Friday’s USDA reports. The recent drop in wholesale prices has led to an increase in up-front boxed beef sales. August was $1.87 lower at $115.07 and October was down $1.75 at $116.87.
Feeder cattle futures were sharply lower on the firm corn and long liquidation ahead of widespread direct business and those USDA numbers.
Continue reading Boxed beef, pork close lower at Brownfield Ag News.
