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Cattle futures lower ahead of On Feed numbers

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of Friday’s On Feed numbers.  October live cattle closed $1.02 lower at $144.85 and December live cattle closed $1.40 lower at $149.35.  October feeder cattle closed $1.25 lower at $177.87 and November feeders closed $2.27 lower at $178.05. 

It took direct cash cattle trade a bit to get rolling this week, but once business got underway things really took off. 

Cattle futures lower ahead of On Feed numbers

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