Cattle, hog futures drop on broader market pressure

Cattle, hog futures drop on broader market pressure

At the Chicago

Mercantile Exchange, both live and feeder cattle futures ended the day limit

down on follow-through selling and broader market pressure amid ongoing coronavirus

concerns.  Both will trade with expanded limits

on Friday.  April live cattle closed at

$100.07 and June live cattle closed at $94.20. 

March feeder cattle closed at $118.82 and April feeder cattle closed at

$119.02. 

Direct cash cattle trade activity looks to be essentially wrapped up for the week.