At the Chicago Mercantile Exchange, cattle futures ended the day higher on technical buying as the entire livestock market looks to found at least some temporary support. February live cattle closed $.72 higher at $118.10 and April live cattle closed $.92 higher at $120.37. January feeder cattle closed $1.25 higher at $145.60 and March feeder cattle closed $1.27 at $143.92.
Direct cash cattle trade has been quiet. Some bids have been reported in parts of the South at $118.00.
Continue reading Lean hog futures higher on technical support at Brownfield Ag News.
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