Chicago Mercantile Exchange live cattle futures were mixed, mostly lower, ahead of widespread direct cash cattle business this week, with some uncertainties the trade will be able to sustain the rallies of the recent weeks. December was $.70 lower at $124.62 and February was down $.27 at $130.37.
Feeder cattle were lower on follow through selling, also getting ready for this week’s direct trade, also tentative as to the market’s ability to hold onto the recent gains.
Continue reading Some light direct cash cattle business reported at Brownfield Ag News.
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