National Ag News

At the Chicago Mercantile Exchange, cattle futures had a fairly neutral day considering Friday’s bearish Cattle on Feed report.  Feeder cattle were also pressured by today’s firm corn trade and weaker wholesale values.  October live cattle closed $.15 lower at $111.52 at December live cattle closed $.15 higher at $116.75.  October feeder cattle were unchanged at $153.62 and November feeder cattle closed $.35 lower at $152.72.

Direct cash cattle trade is limited to the distribution of new showlists. 

Continue reading Feeder cattle futures pressured by firm trade in corn at Brownfield Ag News.