Cattle futures lower ahead of USDA’s Cattle on Feed report

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower ahead of widespread direct business and Friday’s On Feed report from the USDA. June live cattle closed $3.45 lower at $247.62 and August live cattle closed $3.05 lower at $243.07.  May feeder cattle closed $3.85 lower at $367.10 and August feeder cattle closed […]

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