Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Austin Schroeder

Cattle Rally Continues on Friday

Live cattle futures are rallying back on Friday, with contracts $1 to $2.60 higher. December options expire today. Cash trade kicked off kicked off with $220-222 action in the north. Sothern action has been limited to bids of $218. The Friday morning Fed Cattle Exchange online auction showed dressed sales of $345 on 245 of the 1,428 head offered, with $220 live bids. Feeder cattle futures are continuing higher on Friday’s midday with contracts $2.00 to $2.85 higher.  The CME Feeder Cattle Index was up another $4.02 to $341.80 on December 3.

Brazilian beef exports during November totaled 318,493 MT according to government data, up more than 90,000 MT from the year prior. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.