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Latin America
Cattle Ended Lower
Live cattle futures got off to a choppy start but quickly softened and remained under pressure throughout the day. Futures ended 35 cents to 92 1/2 cents lower for the day, which was a low-range close. The boxed beef market set back today after posting strong gains to start the week. While this morning's choppy boxed beef prices do not necessarily call into question whether the beef market has put in a low, this did add a bit of uncertainty.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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