National Ag News

At the Chicago Mercantile Exchange, live cattle futures closed higher on support from wholesale values and carryover support from the lean hog contracts.  Feeder cattle contracts were firm, getting a little help from the day’s lower move in corn.  December live cattle closed $1.20 higher at $118.35 and February live cattle closed $.85 higher at $122.77.  November feeder cattle closed $.05 higher at $155.92 and January feeder cattle closed $.50 higher at $151.35.

Direct cash cattle trade has been fairly quiet. 

Continue reading Hog futures sharply higher amid ASF concerns at Brownfield Ag News.