Cattle futures higher, hog futures lower


Cattle futures higher, hog futures lower

At the Chicago Mercantile Exchange live and feeder cattle futures were higher with boxed beef up at midday, getting ready for Friday’s USDA Cattle on Feed report. April live was up $.80 at $162.35 and June was $.30 higher at $156.87. April feeders were $1.90 higher at $195.15 and May was up $1.47 at $200.27.

It is looking like the bulk of business is essentially done for the week following Wednesday’s moderate to active trade in most feeding areas.

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