National Ag News
Cattle futures trade sideways ahead of direct cash business
Oct 25, 2017, 17:27 PM
by
System
At the Chicago Mercantile Exchange, cattle futures ended the day mixed as they lacked cash direction. The lack of support in wholesale values also contributed to today’s sideways trade. October live cattle closed $.60 lower at $113.02 and December live cattle closed $.45 lower at $119.07. October feeder cattle closed $.27 lower at $154.85 and November feeder cattle closed $.05 at $156.17.
Direct cash cattle trade remains untested with both bids and asking prices poorly defined.
Continue reading Cattle futures trade sideways ahead of direct cash business at Brownfield Ag News.
