Feeder Cattle Limit Up After New World Screwworm Detection | Channel Final Bell with Mike Zuzulo

from The Final Bell · host Rural Radio Network

After New World screwworm was confirmed in a calf from Texas, cattle futures climbed today and feeder contracts closed limit up. Grains continued their meltdown, with soybeans down over 25 cents as the demand picture for beans continues to look less optimistic. Wheat futures opened higher, but quickly fell under pressure from the row crops. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

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