Cattle Rallies Back on Tuesday

Cattle futures sharply higher on solid demand

At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher on technical buying and solid beef demand. June live cattle closed $1.47 higher at $253.22 and August live cattle closed $2.17 higher at $248.35.  August feeder cattle closed $5.70 higher at $372.30 and September feeder cattle closed $5.75 higher at $370.37.  There was […] The post Cattle futures sharply higher on solid demand appeared first on Brownfield Ag News.

Cattle Rallies Back on Tuesday

Live cattle futures posted gains of $1.47 to $2.92 across the board on Tuesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. Feeder cattle futures were $4.25 to $5.70 higher in bounce...