Cattle futures are higher on Monday after a volatile session on Friday. Joe Kooima, Kooima Kooima Varilek says the futures plunged with feeders touching limit down after around 10:00 am Central Time.
Futures and cash markets saw record highs as packers aggressively bought cattle, driving prices higher across regions.
April live cattle (LEJ26) futures on Friday rose $0.775 to $234.05 and for the week were up $4.00. May feeder cattle (GFK26) futures gained $2.95 to $346.375 and for the week were up $7.20. The live ...
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