On the Chicago Mercantile Exchange after early mixed activity, new buying interests popped up at midday and provided support to cattle futures. August live cattle closed up $1.72 at $114.52 and October live cattle up $1.80 at $114.67. August feeder cattle closed up $1.07 at $150.25 and October feeder up $1.15 at $150.60.
Direct cash cattle trade is finally underway with light trading being reported in several areas with a range of $116 to $118, $1 lower to $1 higher than last week’s weighted average.
Continue reading Direct cash cattle trade gets underway at Brownfield Ag News.
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