At the Chicago Mercantile Exchange, live cattle took back most of yesterday’s losses in anticipation of strong export sales numbers tomorrow and spillover buying interest from today’s hog markets. Feeder cattle were mostly lower on position squaring ahead of Friday’s Cattle on Feed report. October live cattle closed $.30 higher at $111.47 and December live cattle closed $.67 higher at $116.65. October feeder cattle closed $.37 higher at $152.52 and November feeder cattle closed $152.07.
Continue reading Lean hog futures supported by higher cash business at Brownfield Ag News.
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