National Ag News
Cattle futures down on cash, wholesale pressure
Nov 9, 2018, 16:55 PM
by
Admin B
Chicago Mercantile Exchange live cattle futures were sharply lower on the recent lower beef trend, watching direct cash cattle business develop. Business in the North was steady to lower, while activity in the South waited until after the close. December was down $1.97 at $114.57 and February was $2.07 lower at $117.80.
Feeder cattle were sharply lower on the same factors as the live pit. November was $1.17 lower at $149 and January was down $2.47 at $143.80.
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