Cattle, hog futures mixed ahead of Friday’s USDA reports

Cattle, hog futures mixed ahead of Friday’s USDA reports

At the Chicago Mercantile Exchange, live and feeder cattle closed mixed ahead of the Cattle on Feed report.  Overall, the numbers look bearish.  October live cattle closed $.30 lower at $122.92 and December live cattle closed $.47 lower at $128.15.  September feeder cattle closed $.27 lower at $154.62 and October feeder cattle closed $.50 higher at $157.35. 

It was a quiet end to the week for direct cash cattle trade activity.  There was light to moderate business that took place at midweek.