Hog futures lower ahead of Quarterly Hogs and Pigs report


Hog futures lower ahead of Quarterly Hogs and Pigs report

At the Chicago Mercantile Exchange, live and feeder cattle were higher, optimistic about this week’s direct cash business.  April live cattle closed $.87 higher at $165.82 and June live cattle closed $.75 higher at $159.60.  April feeders closed $.97 higher at $198.20 and May feeders closed $1.72 higher at $202.52. 

It was another slow day for direct cash cattle trade business.  Asking prices were firm at $165 to $167 live in the South, while the North remained quiet. 

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