Cash, hog futures sharply lower to end the week

Cash, hog futures sharply lower to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower on technical selling and concerns about a government shutdown.  October live cattle closed $2.30 lower at $184.20 and December live cattle closed $2.50 lower at $187.92.  October feeder cattle closed $2.25 lower at $252.47 and November feeders closed $2.77 lower at $254.90. 

It was a quiet Friday for direct cash cattle trade activity.  There was a light to moderate trade that took place on Wednesday and Thursday.