National Ag News
Cattle futures mostly higher ahead of on feed report
Aug 24, 2017, 16:40 PM
by
System
Chicago Mercantile Exchange live cattle futures were higher, seeing an oversold bounce ahead of the USDA cattle on feed report out Friday. The fundamentals remain look bearish, with struggling cash and wholesale business as ready numbers continue to hold above a year ago and put more beef on the market. August was up $.30 at $105.95 and October was $.65 higher at $106.82.
Feeder cattle were mostly higher on spread trade and oversold signals.
Continue reading Cattle futures mostly higher ahead of on feed report at Brownfield Ag News.
