Hog futures drop on new tariff talk

Hog futures drop on new tariff talk

Chicago Mercantile Exchange live cattle futures were higher, waiting

to see how much direct trade is left to be done this week. August was up $.97

at $107.87 and October was $1.07 higher at $108.72.

Feeder cattle were lower on technical selling. August was down $.30 at

$141.22 and September was $.92 lower at $141.52.

Direct cash cattle markets were mostly quiet. Very light trade was

reported in Nebraska at mostly $183 dressed, steady with last week’s weighted

average, with a few sales at $114 live.

Continue reading Hog futures drop on new tariff talk at Brownfield Ag News.