Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.
Hefty global grain supplies, competition for export business anchor prices
Corn, soy firm ahead of USDA data
CME live cattle futures also declined in range-bound trade
Corn drifted upward, soybeans declined
Exports the most likely category to see changes, analyst says
Most analysts expect USDA to lower its Brazil harvest estimate
CME cattle futures advance
Cattle futures declined in a retreat from rallies on Friday