Cattle futures sharply higher heading into Friday

At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher on oversold signals.  The market did react to the news that New World screwworm had been detected in South Texas. August live cattle closed $3.67 higher at $241.52 and October live cattle closed $4.80 higher at $233.80.  August feeder cattle closed $10.75 higher […]

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Cash dairy prices closed lower on Thursday

Cash dairy prices were lower except for block cheese on Thursday at the Chicago Mercantile Exchange.     Dry whey was down $0.0050 at $0.67.  One sale was recorded at that price.  Forty-pound cheese