TractorWise

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, with support from buy stops and late-session short-covering before the afternoon’s U.S. Department of Agriculture monthly Cattle on Feed report, said traders. Analysts viewed the report as mildly bearish for live cattle futures on Monday due to May cattle placements that hit a 10-year high for the month, but were still fewer than some had expected. June, which will expire on June 30, closed 0.575 cent/lb. higher...