National Ag News

At the Chicago Mercantile Exchange, cattle futures ended the day sharply higher on light trade volume and technical buying.  Beef demand looks to have some post-Thanksgiving holiday rejuvenation and demand should continue through the remainder of the holiday season.  Feeder cattle futures also found support in today’s lower move in corn.  December live cattle closed $1.25 higher at $119.82 and February live cattle closed $1.47 higher at $126.05. January feeder cattle closed $1.15 higher at $154.45 and March feeder cattle closed $.77 higher at $152.55.

Continue reading Cattle futures find support in technical buying at Brownfield Ag News.