National Ag News

At the Chicago Mercantile Exchange, cattle futures closed higher on carry-over from last week’s cash trade and the strength in the wholesale market.  The year is starting off with a favorable demand outlook and last week’s consumer confidence report also provides a bump in demand expectations. The cold, wet weather makes weight gain a challenge and is supportive of prices. February live cattle closed $1.80 higher at $123.35 and April live cattle closed $1.67 higher at $124.10. 

Continue reading Cattle futures open the year sharply higher at Brownfield Ag News.