National Ag News
Cattle futures close lower ahead of week’s direct cash trade
Jan 19, 2018, 16:48 PM
by
System
Chicago Mercantile Exchange live cattle futures were lower on profit taking and the weak midday boxed beef. Direct cash cattle business did not develop during Friday’s session and contracts were unable to follow through on early gains. February was $.05 lower at $121.90 and April was down $.75 at $122.72.
Feeder cattle were lower on profit taking, the modestly lower boxed beef at midday, and the firm trade in corn.
Continue reading Cattle futures close lower ahead of week’s direct cash trade at Brownfield Ag News.
