Cash hogs close mixed as buyers watch demand signals

Cash hogs close mixed as buyers watch demand signals

Chicago Mercantile Exchange live cattle futures were mostly higher and feeders were up, preparing for this week’s direct cash cattle business. April live was down $.22 at $187.32 and June was up $.12 at $182.95. March feeders were $.35 higher at $251.37 and April was up $1.80 at $255.35.

Cash cattle country was very quiet on Monday. Bids and asking prices were not established. Significant trade volume will likely be delayed until Wednesday or later.