A Beef Magazine article
Friday appears to be the new day for taking cattle markets higher. Two weeks ago it was the break in corn prices that sent markets up a leg; last week it was a cash fat cattle market that finally showed some strength after spending seven weeks in a row in a narrow range. Overall, futures markets were mostly in the green to finish the week. Live cattle front month October settled at $227.550, up $2.575 week over week, while the December through April contracts were up $1.300 to $1.650. Feeder cattle front month October settled at $343.625, down $0.225, while the November through April contracts were down $0.050 to up $2.175 on the week.
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