Cattle Falling Back on Wednesday

Cattle futures lower at midweek

At the Chicago Mercantile Exchange, live and feeder cattle were lower on technical liquidating, waiting on direct business to develop. June live cattle closed $.35 lower at $251.07 and August live cattle closed $.40 lower at $246.12.  May feeder cattle closed $3.90 lower at $370.95 and August feeder cattle closed $3.62 lower at $372.20.  Direct […] The post Cattle futures lower at midweek appeared first on Brownfield Ag News.

Cattle Falling Back on Wednesday

Live cattle futures are down 45 to 90 cents at midday. Cash trade has been quiet so far this week, as last week was $246-249 in the South and $249-250 in the north. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,222 head, with bids...