Live cattle futures traded down 32 to 62 cents on Friday, with the April contract down $3.67 for the week. Cash trade settled at $234-236 per head live this week, with some $372 dressed. Feeder cattle futures posted gains of $0.10 to $1.25 in the front months. Overall the report is a routine price update in the cattle futures and cash markets with modest directional moves.
Live cattle futures traded down 32 to 62 cents on Friday, with the April contract down $3.67 for the week. Cash trade settled at $234-236 per head live this week, with some $372 dressed. Feeder cattle futures posted gains of $0.10 to $1.25 in the front months. Overall the report is a routine price update in the cattle futures and cash markets with modest directional moves.
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