National Ag News

At the Chicago Mercantile Exchange, cattle futures were mixed as the market saw elements of support and pressure in light trade volume.  December live cattle closed higher on position squaring ahead of its expiration.  Feeder cattle were mostly higher as good demand is supportive, but concerns that supplies will meet demand have limited gains.  December live cattle closed $.52 higher at $122.02 and February live cattle closed $.47 lower at $121.00.  January feeder cattle closed $.77 higher at $145.17 and March feeder cattle closed $.37 higher at $141.72.

Continue reading Hog futures pressured by lower cash trade at Brownfield Ag News.