Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and feeder cattle futures closed higher on Monday on technical buying and support from firmer equities, analysts said.
Lean hogs end slightly down after early jump
Gains in the stock market supported livestock futures, analyst says
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil
Live cattle futures have bounced a bit after sinking last week to a 14-month low
China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts
Mild Prairie weather contributing to lower feed demand
"I think we're still trying to hunt for a bottom": analyst
Corn and wheat futures also traded lower
The new president pledged "shock" measures to fix the country's economic crisis
Wheat and corn futures advance