Cash hogs mixed on Monday – Voice Of Muscatine

Cash hogs mixed on Monday

Chicago Mercantile Exchange live cattle futures were higher and feeders were lower ahead of the week’s direct business. Feeders had additional pressure from the higher corn and larger-than-expected placements in last week’s USDA Cattle on Feed report. April live was up $.20 at $188.10 and June was $.22 higher at $184.10. March feeders were down $1.52 at $253.05 and April was $1.07 lower at $258.90.

Direct cash cattle trade was quiet on Monday with no bids or asking prices on the table.

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