At the Chicago Mercantile Exchange, cattle futures ended the day sharply higher in light trade volume on technical support. Wholesale beef’s firm move at the midday was supportive of the day’s trade. Follow through buying is helping to bring some traders back into the market. December live cattle closed $1.07 higher at $119.05 and February live cattle closed $1.42 higher at $125.47. January feeder cattle closed $1.10 higher at $152.72 and March feeder cattle closed $1.32 higher at $151.15.
Continue reading Cattle, hog futures up ahead of holiday at Brownfield Ag News.
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