Cattle futures lower ahead of direct business

At the Chicago Mercantile Exchange, live and feeder cattle were lower, waiting on the week’s direct business to develop.  June live closed $1.20 lower at $213,92 and August live cattle closed $1.12 lower at $208.17.  August feeder cattle closed $2.52 lower at $295.62 and September feeder cattle closed $2.77 lower at $294.47.    Direct cash […]

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Cattle see cash, wholesale support

Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, supported by the cash and wholesale business during the session.