date:Oct 25, 2012
tures.
Live cattle futures are called to open higher this morning. After a rough day of trade on Tuesday, cattle futures are expect to rebound at the opening of pit trade. Price support will be tied to firm beef prices and cast trade optimism. Yesterdays closing beef prices were higher for both choice and select, with select up $1.81 at $183.34. Cash trade is anticipated to be steady to $2 higher this week versus the previous weeks trade.
Lean hog futures are called to open lower this morning.