Cattle futures also fell but closed above the day's lows.
Most cattle futures moved higher, spurred by strong cash markets.
As Senator, he continued to trade cattle futures while sitting on the committee that oversees such markets.
The report caused a sharply lower opening in cattle futures, but prices recovered.
Cattle futures, particularly the nearby delivery, have performed strongly for the last week or so, he said.
They'd have said, 'I can make too much money in cattle futures.'
I did my best to educate myself about cattle futures and margin calls to make it less frightening.
The number was lower than anticipated and is likely to prompt some buying of cattle futures on Monday.
Cattle futures advanced, reflecting better prices on the cash markets.
Cattle futures advanced in cautious trading ahead of Government reports on supply.