National Ag News
Cattle futures lower ahead of week’s direct trade
Jan 4, 2018, 16:31 PM
by
System
Chicago Mercantile Exchange live cattle futures were lower on another round of liquidation ahead of widespread direct business this week, wilting around the time the USDA reported the mixed midday boxed beef. After a couple of days of post-holiday strength, the wholesale market may have run out of steam. February was $.70 lower at $122.25 and April was down $.55 at $123.82.
Feeder cattle were lower, also ahead of direct trade.
Continue reading Cattle futures lower ahead of week’s direct trade at Brownfield Ag News.
