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