At the Chicago Mercantile Exchange, live and feeder cattle futures were sharply higher on the executive order allowing for expanded red dyed diesel use and technical buying. Additionally, boxed beef was up sharply at midday, building on Monday’s gains. December live was up $4.12 at $224.10 and February was $5.12 higher at $227.17. November feeders […]
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At the Chicago Mercantile Exchange, live cattle were mixed, feeders were lower waiting on direct business to develop. December live cattle
Soybeans were lower on fund and technical selling. The trade was expecting a solid week-to-week advance in harvest, with weekly crop
Dec. corn $4.83, up 3 and 1/4 centsNov. soybeans $12.87 and 3/4, down 4 and 1/4 centsDec. soybean meal $368.70, up
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