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Live cattle close higher watching direct business develop

At the Chicago Mercantile Exchange, live cattle were up, and feeders were mixed watching direct business develop.  August live cattle closed $1.17 higher at $179.50 and October lives closed $.65 higher at $181.70.  August feeders closed $.10 lower at $257.47 and September feeders closed... Read More.

Cattle futures lower, waiting on direct business

At the Chicago Mercantile Exchange, live and feeder cattle were lower, waiting for direct business to develop and Friday’s On Feed numbers. April live cattle closed $.25 lower at $187.80 and June lives closed $.22 lower at $184.77.  April feeder cattle closed $.15... Read More.

Cattle futures mixed waiting on direct business

At the Chicago Mercantile Exchange, live and feeder cattle were mixed ahead of widespread direct business and Friday’s On Feed numbers from the USDA. April live cattle closed $.52 lower at $188.05 and June lives closed $.40 lower at $185. April... Read More.

Cattle futures mixed ahead of direct business

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher waiting for direct business to develop. April live cattle closed $.80 lower at $185.92 and June live cattle closed $.45 lower at $183.52.  March feeders closed $1.67 higher at $248.82... Read More.

Cattle futures down, getting ready for direct business

Chicago Mercantile Exchange live and feeder cattle were sharply lower on technical selling ahead of this week’s direct business. April live was down $1.40 at $182.35 and June was $1.30 lower at $180.47. March feeders were $2.05 lower at $242.75 and April was... Read More.

Direct cash cattle trade picks up steam Thursday

Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, supported by the sharply higher direct business during the session, along with the USDA’s neutral to bullish Cattle Inventory numbers. Feeders had additional support from the modestly lower move in corn. February... Read More.

Cattle futures supported by direct business

Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, supported by the direct cash cattle business during the session. That helped contracts shrug off the mixed midday move in beef. Feeders did pick up some additional support from the modestly lower... Read More.

Cattle futures gain ahead of direct business, on feed report

Chicago Mercantile Exchange live and feeder cattle were sharply higher ahead of widespread direct business and the USDA’s Cattle on Feed report. February live was up $1.72 at $174.82 and April was $2.02 higher at $177.65. Direct cash cattle markets were generally quiet. A... Read More.

Big gains for cattle futures ahead of direct trade

Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, supported by last week’s direct business and optimism about this week’s trade. Feeders picked up additional support from the lower move in corn. February live was up $3.42 at $171.92 and April... Read More.

Live cattle futures down ahead of direct business

Chicago Mercantile Exchange live cattle futures were lower ahead of the week’s direct business, while feeders were supported by the losses in corn. February live was $1.12 lower at $169.27 and April was down $.47 at $172.97. January feeders were up $.92 at... Read More.