Cash hog markets close week steady to lower

Cash hog markets close week steady to lower

Chicago Mercantile Exchange live and feeder cattle futures were lower, pressured by the cash and wholesale business during the session. June live was down $1.00 at $181.55 and August was $1.32 lower at $178.45. August feeders were $2.67 lower at $256.40 and September was down $2.55 at $258.12.

Cash cattle country had some light trade reported in the North with dressed deals at $301, $3 lower than the previous week. The majority of Southern live business took place Thursday at $186, $1 lower than the week prior.