Hog futures mostly lower ahead of Thursday’s report

Hog futures mostly lower ahead of Thursday’s report

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower watching corn and watching direct cash business develop.  October live cattle closed $.52 lower at $143.05 and December live cattle closed $.62 lower at $146.27.  October feeder cattle closed $1.12 lower at $175 and November feeder cattle closed $1 lower at $175.27. 

A light trade developed across all feeding areas on Wednesday.  Live deals in the North are at mostly $228, with a few at $230. 

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