Ad Astra Brands

Cattle futures higher to end the week

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At the Chicago Mercantile Exchange, live and feeder cattle were higher waiting for direct business to develop.  October live cattle closed $1.60 higher at $182.90 and December live cattle closed $1.50 higher at $187.05.  September feeder cattle closed $1.80 higher at $253.45 and October feeders closed $2 higher at $255.42. 

The standoff in direct cash cattle business appears to be worth the wait. It took until late in the day Friday for substantial business to take place. 

Cattle futures higher to end the week

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