Boxed beef declines as cattle futures gain ground

Chicago Mercantile Exchange live cattle futures were up and feeders were mostly higher, preparing for widespread direct business and Friday’s USDA Cattle on Feed report. October live cattle was $.77 higher at $218.00 and December was up $1.12 at $218.27. September feeders were $.20 lower at $328.92 and October was $.65 higher at $322.70. Direct […] The post Boxed beef declines as cattle futures…