Hog futures end the week higher

Hog futures end the week higher

At the Chicago Mercantile Exchange, live cattle were mostly lower and feeders were lower watching corn and Friday’s cleanup direct business.  December live cattle were $.25 higher at $132.12 and February live cattle closed $.30 lower at $136.10.  November feeder cattle closed $1.07 lower at $156.25 and January feeder cattle closed $1.35 lower at $157.72. 

There was a light, scattered direct cash cattle trade that took place Friday afternoon.  Live deals on Friday were fully steady with the rest of the week’s business.