Chicago Mercantile Exchange feeder cattle futures posted solid gains on Monday, on weakness in the corn market and amid market signals that feed lots may be interested in holding their herds back from slaughter, traders said.
Lean hogs also finish lower amid demand questions
Market keeps eye on South American weather
Cattle market continued to feel pressure from winter weather in Midwest
Wheat futures higher on bargain buying, short covering
Lean hog futures bounce back from early lows
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
Easing heat wave in Argentina tempers crop worries
Traders expect this week's prices in cash market to be higher than last week
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention