National Ag News

At the Chicago Mercantile Exchange, cattle futures gained back some of Wednesday’s losses as they recover from oversold territory.  Feeder cattle found some support in the slightly lower move in corn.  December live cattle closed $.62 higher at $116.27 and February live cattle closed $.77 at $119.15.  January feeder cattle closed $.60 higher at $146.25 and March feeder closed $.30 higher at $144.35.

Direct cash cattle trade has been at a standstill with the exception of a handfull of sales in Iowa. 

Continue reading Cattle futures higher on technical buying at Brownfield Ag News.