Cattle, hog futures pressured by lower cash trade

Cattle, hog futures pressured by lower cash trade

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower on follow-through selling and weaker cash business.  August live cattle closed $.47 lower at $134.92 and October lives closed $.37 lower at $139.55.  August feeder cattle closed $2.55 lower at $176.35 and September feeders closed $1.95 lower at $179.67. 

It was a quiet Friday for direct cash cattle business following the moderate trade that took place earlier in the week.