Cattle, hog futures tumble on demand worries

Cattle, hog futures tumble on demand worries

At the Chicago Mercantile Exchange, live cattle ended the day lower on another round of follow-through selling and broader market pressure.  Feeder cattle closed sharply lower on profit-taking and weakening broader markets as concerns about the coronavirus continues to add volatility to prices.  February live cattle closed $1.45 lower at $112.62 and April live cattle closed $1.87 lower at $110.47.  March feeder cattle closed $1.50 lower at $132.57 and April feeder cattle closed $1.90 lower at $134.07.