At the Chicago Mercantile Exchange, cattle futures closed mixed with a negative tone. Despite another strong trade in the wholesale values, the lack of direction from the cash trade added pressure to the market. October live cattle closed $1.22 higher at $115.37 and December live cattle closed $.12 higher at $120.80. November feeder cattle were $.70 lower at $156.47 and January feeder cattle closed $.15 lower at $155.95.
Direct cash cattle trade has been in no hurry this week.
Continue reading Cattle close mixed ahead of significant cash business at Brownfield Ag News.
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