At the Chicago Mercantile Exchange, live cattle were mixed, adjusting spreads and feeders were lower on the higher move in corn. June lives closed $.35 higher at $161.92 and August lives closed $.07 higher at $159.50. August feeders closed $1.72 lower at $221.42 and September feeders closed $1.62 lower at $225.05.
원본 콘텐츠
At the Chicago Mercantile Exchange, live cattle were mixed, adjusting spreads and feeders were lower on the higher move in corn. June lives closed $.35 higher at $161.92 and August lives closed $.07 higher at $159.50. August feeders closed $1.72 lower at $221.42 and September feeders closed $1.62 lower at $225.05. It was a quiet Friday across cattle country. For the week, Southern live deals were marked at mostly $172, $1 lower than the previous week’s weighted averages. Dressed deals in the North were at mostly $281, $3 below the prior week’s weighted average basis in Nebraska. At the Denison Livestock Feeder Cattle in Iowa, compared to two weeks ago 800 to 850 pound steers were $4.50 to $9.50 lower. The USDA says lighter steers were in limited supply, heifers 750 pounds were $6 higher. There were many load-lots of yearling cattle. Demand was good and the market was active. Receipts were down from the most recent sale. Feeder supply included 69% steers and 78% of the ...