At the Chicago Mercantile Exchange, live cattle closed sharply lower on supply concerns and follow-through technical selling. April contracts are $2.35 lower at $126.65 and June closed $1.57 lower at $118.67. Feeder cattle followed the live trade and contracts are at a premium to cash. March closed $1 lower at $141.30 and April feeder cattle …
Mar 12
Supply concerns pressure cattle futures
