Cash hogs close sharply higher, cattle futures were mixed

Cash hogs close sharply higher, cattle futures were mixed

At the Chicago Mercantile Exchange,  live cattle futures were mixed, and feeder cattle were lower, watching corn and getting ready for the week’s direct business. October live was down $.12 at $144.20 and December was $.52 lower at $147.50. October feeders were $.87 lower at $174.65 and November was down $.85 at $175.20.

Direct cash cattle trade ended quiet throughout cattle country.  Bids were hard to find.  Some early asking prices were around $145 in the South, but did not establish in the North.  Significant trade volume should pick up steam today and the rest of the week.

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