Cattle futures sharply lower as box beef prices continue to slide

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower, pressured by the recent declines in boxed beef prices and ahead of this week’s direct business and Cattle on Feed report.  October live cattle closed $2.35 lower at $231.10 and December live cattle closed $2.47 lower at $232.67.  October feeder cattle closed $5.17 […]

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