National Ag News

Chicago Mercantile Exchange live cattle futures were sharply higher on commercial and technical buying, and while there was some optimism about the week’s direct trade, futures closed before widespread business got underway. It does look like that optimism may have been rewarded, with Friday’s sales sharply higher than the previous week. February was up $2.12 at $124.60 and April was $2.02 higher at $124.62.

Feeder cattle were supported by cash optimism, along with commercial and technical support.

Continue reading Direct cattle prices up sharply on week at Brownfield Ag News.