CME: Futures Closed Mixed Monday15 January 2013
US - Live cattle futures closed narrowly mixed -- 25 cent lower to 20 cents higher -- following a light and choppy day of price action.
The premium live cattle futures hold to the cash market limited buying interest to start the week, but selling interest was limited by the tight supply situation.
Feeder cattle futures settled slightly lower in all but some of the far-deferred contracts on pressure from strength in the corn market.
TheCattleSite News Desk