National Ag News
Cattle futures close lower on profit-taking
Dec 13, 2017, 17:14 PM
by
System
At the Chicago Mercantile Exchange, cattle futures closed lower on profit-taking after yesterday’s bounce. Feeder cattle futures led the way down with additional pressure from the firm move in corn. The weakness in boxed beef also contributed to the day’s losses. December live cattle closed $.50 lower at $115.65 and February live cattle closed $.77 lower at $118.37. January feeder cattle closed $1.45 lower at $145.65 and March feeder cattle closed $1.25 lower at $144.05.
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