National Ag News
Cattle futures lower ahead of On Feed report
Jul 18, 2019, 16:51 PM
by
Ann Gregson
At the Chicago
Mercantile Exchange, live cattle futures ended the day lower on position
squaring ahead of Friday’s Cattle on Feed Report and the steady to slightly
lower cash trade. Feeder cattle futures were
lower on the same factors with additional pressure from a weaker than expected
export sales report from the USDA. August
live cattle closed $.72 lower at $107.40 and October live cattle closed $.50
lower at $108.25. August feeder cattle
closed $1.14 lower at $139.42 and September feeder cattle closed $1.30 lower at
$139.47.
A light direct cash cattle trade developed in several parts of cattle country.
Continue reading Cattle futures lower ahead of On Feed report at Brownfield Ag News.
