GFM Network News

U.S. live cattle up as placements tumble

U.S. live cattle futures closed higher on Monday following Friday’s U.S. Department of Agriculture’s (USDA) cattle-on-feed report that showed cattle placed in feedlots in September at a 16-year low, analysts and traders said. Feeder cattle futures were lower on waning demand for young cattle due to the lack of profit in the feeding business and […] Read more