National Ag News
Cattle futures close higher on stronger cash trade
Dec 15, 2017, 17:14 PM
by
System
At the Chicago Mercantile Exchange, cattle futures ended the week sharply higher on early technical momentum and today’s better than expected cash trade. Feeder cattle futures found additional support in Friday’s lower move in corn. December live cattle closed $2.62 higher at $118.90 and February live cattle closed $1.87 higher at $121.02. January feeder cattle closed $1.50 higher at $147.75 and March feeder cattle closed $1.20 higher at $145.55.
Direct cash cattle trade picked up significantly toward the end of the day.
Continue reading Cattle futures close higher on stronger cash trade at Brownfield Ag News.
