Cash hogs close higher as wholesale demand remains solid – Voice Of Muscatine


Cash hogs close higher as wholesale demand remains solid

Chicago Mercantile Exchange live cattle futures were lower and feeders finished mixed ahead of this week’s direct business. The live pit did see some profit taking, while the firm corn had a minimal impact on feeders. April live was down $.37 at $187.72 and June was $.52 lower at $183.57. March feeders were down $.05 at $253.00 and April was up $.05 at $258.95.

Direct cash cattle trade was very quiet Tuesday afternoon with just a few early asking prices noted around $185 to $186 in the South, but they are still not established in the North.

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