Cash hogs close higher on Wednesday

Cash hogs close higher on Wednesday

Chicago Mercantile Exchange live cattle futures were up and feeders were mostly higher, getting ready for the week’s direct business and Friday’s USDA Cattle on Feed report. April live was $.37 higher at $187.70 and June was up $.35 at $183.30. March feeders were down $.02 at $251.35 and April was up $.57 at $255.92.

Cash cattle country was quiet again on Wednesday. Asking prices were around $184 to $185 in the South and $292-plus in the North.