National Ag News
Cattle futures up on On Feed numbers
Aug 28, 2017, 17:26 PM
by
System
At the Chicago Mercantile Exchange, cattle futures closed with moderate to strong gains after Friday’s favorable Cattle on Feed report. The much lower than expected placement number was a bullish factor in Monday’s market. August live cattle closed up $.25 at $106.20 and October live cattle ended the day up $1.45 at $108.37. August feeder cattle closed up $1.05 at $142.42 and September feeder cattle $2.95 at $145.87.
A typical Monday with direct cash cattle trade at a standstill.
Continue reading Cattle futures up on On Feed numbers at Brownfield Ag News.
