GFM Network News

U.S. live cattle futures sag as cash disappoints

Chicago Mercantile Exchange live cattle finished lower on Friday, weakened by initial cash prices that fell short of expectations, traders and analysts said. A light number of cash cattle in Texas and Kansas moved at $132 per hundredweight (cwt), which was mainly steady with last week’s record-high price, feedlot sources said. They said sellers elsewhere […] Read more