Ad Astra Brands

Cattle futures higher ahead of on feed report

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Chicago Mercantile Exchange live and feeder cattle futures were higher ahead of the USDA’s Cattle on Feed report, which was out after the close. Feeders did pick up some support from the lower move in corn. December live was up $1.00 higher at $175.75 and February was up $.87 at $176.80. January feeders were $1.00 higher at $228.50 and March was up $.87 at $230.97.

Direct cash cattle business was wrapped up for the week by Friday.

Cattle futures higher ahead of on feed report