Cattle futures supported by the week’s strong cash business


Cattle futures supported by the week’s strong cash business

At the Chicago Mercantile Exchange, live and feeder cattle were higher supported by the week’s sharply higher cash business and stronger cutout values.  April live cattle closed $.80 higher at $168.35 and June lives closed $1.12 higher at $162.12.  April feeder cattle closed $.92 higher at $200.82 and May feeders closed $.80 higher at $205.25. 

It was a quiet Friday for direct cash cattle business.  For the week, live deals in the South were marked at mostly $167, $4 higher than the prior week’s weighted averages. 

Be the first to comment

Leave a Reply

Your email address will not be published.


*