Ad Astra Brands

Cattle futures end the week lower

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower, pressured by the higher move in corn.  October live cattle closed $.60 lower at $144.50 and December live cattle closed $.45 lower at $150.62.  September feeder cattle closed $1.22 lower at $183.37.  October feeders closed $.85 lower at $186. 

It was a quiet Friday for direct cash cattle business following a couple of days with light to moderate trade.  Deals for the week were at mostly $140 live in the South, $3.50 to $4.50 higher than the previous week’s weighted averages. 

Cattle futures end the week lower

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