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Cattle futures pressured by sharp drop in boxed beef

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At the Chicago Mercantile Exchange, live and feeder cattle were pressured by sharply lower boxed beef and ongoing demand uncertainties.  June live cattle closed $3.17 lower at $195.20, and August live cattle closed $2.80 lower at $192.20.  May feeder cattle closed $2.90 lower at $275.30 and August feeder cattle closed $3.32 lower at $279.92.  Another […]

The post Cattle futures pressured by sharp drop in boxed beef appeared first on Brownfield Ag News.

Cattle futures pressured by sharp drop in boxed beef