National Ag News

Chicago Mercantile Exchange live cattle futures were lower on profit taking, as the trade gets ready for this week’s direct cash cattle business. That trade could start tomorrow, but a lot of that will depend on packer appetites and whether sellers are willing to move cattle at lower prices again this week. August was down $.95 at $105.25 and October was $2.27 lower at $106.10.

Feeder cattle were mostly lower on spread trade and profit taking, ahead of this week’s direct business.

Continue reading Drop in belly primal hits hogs hard at Brownfield Ag News.