Cattle, hog futures close lower on Wednesday

Cattle, hog futures close lower on Wednesday

Direct cash cattle trade ended the day quiet and cash hogs closed lower.

At the Chicago Mercantile Exchange, live cattle futures were down and feeders were sharply lower in thin trade ahead of the day off for Thanksgiving. That was despite the higher than a week ago direct business that developed during the session. December live was down $.45 at $153.35 and February was $1.00 lower at $155.42. January feeders were $2.42 lower at $179.25 and March was down $2.22 at $182.35.