Live cattle futures are facing pressure from falling equities, with contracts down $4 to $4.70 at midday. Friday morning’s Fed Cattle Exchange online auction showed sales at $240-242 on 272 of the ...
Live cattle futures edged out higher on Thursday, with contracts up 10 to 20 cents in the front months, with deferreds 32 to 92 cents higher. Cash trade has yet to be reported so far this week.
Livestock auction markets are crucial to the cattle industry, providing an essential service to farmers and ranchers, especially small producers. Lee Pitts, a well-known columnist, rancher, and owner ...