Ad Astra Brands

Sluggish start to week for cash cattle business

SHARE NOW

Chicago Mercantile Exchange live cattle futures were mixed, preparing for the week’s direct business, while feeders were down sharply on the strength in corn. August live was down $1.27 at $178.75 and October was $1.60 lower at $180.30. August feeders were $2.67 lower at $243.25 and September was down $2.65 at $246.62.

Direct cash cattle trade was quiet on Monday. New showlists appear to be lower in all major feeding states. Bids and asking prices have yet to be established.

Sluggish start to week for cash cattle business