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Cattle Futures: Pits Report Triple Digit Losses, Thursday

06 December 2013

US - Multiple live cattle contracts suffered triple digit losses yesterday as defensive action also hit corn futures, report market experts.

Corn generally settles $2-3 lower yesterday and cattle closed down £1.07 for December to $131.65. 

February futures also fell, with losses of 97 cents by midday. By the end of trading, February cattle closed $1.525 lower on $132.850. 

Sales have been reported as steady this week, barring Nebraska where weakness has been observed. 


TheCattleSite News Desk

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