National Ag News

Chicago Mercantile Exchange live cattle futures were lower, pressured by Wednesday’s direct cash cattle business and the lower move in corn. Contracts are oversold and did attempt some mixed activity, but were unable to follow through. August was down $1.15 at $108.85 and October was $1.45 lower at $106.60.

Feeder cattle were lower on cash pressure, but losses were limited by that decline in corn prices. August was $.35 lower at $141.17 and September was down $.85 at $141.30.

Continue reading Wednesday’s cash business sends cattle futures lower at Brownfield Ag News.