Hog futures lower on wholesale pressure – Voice Of Muscatine


Hog futures lower on wholesale pressure

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were up ahead of the week’s direct business. December live cattle closed $.27 lower with a weighted average of $175.47 and February live cattle closed $.15 lower at $176.65.  January feeder cattle closed $1.35 higher at $229.85 and March feeder cattle closed $1.32 higher at $232.30. 

It was a quiet Monday for direct cash cattle business.  Showlists this week are mixed, higher in the South, but lower in Nebraska/Colardo. 

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