National Ag News
Direct cash cattle business mostly steady
Jul 21, 2017, 16:46 PM
by
System
Chicago Mercantile Exchange live cattle futures were higher ahead of the USDA’s monthly cattle on feed and bi-annual cattle inventory numbers. The numbers indicate continued expansion, but a number of contracts are at a discount to the recent cash business. August was up $.55 at $116.42 and October was $.32 higher at $117.40.
Feeder cattle were higher on the lower corn and position squaring ahead of those USDA reports. August was $.67 higher at $152.95 and September was up $.82 at $153.15.
Continue reading Direct cash cattle business mostly steady at Brownfield Ag News.
