Cattle futures supported by sharply higher boxed beef

At the Chicago Mercantile Exchange, live and feeder cattle were higher on tight-ready supplies and the sharply higher boxed beef.  The trade is also waiting for direct business to develop and this week’s Cattle on Feed report. August live cattle closed $5.95 higher at $249.20 and October live cattle closed $5.20 higher at $242. August […]

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