Hog futures higher on export sales strength

Hog futures higher on export sales strength

Chicago Mercantile Exchange live cattle futures were mixed and feeders closed lower, watching corn and the direct cash cattle markets. Beef export sales were down on the week, but a little bit larger than the four-week average. June live was up $.10 at $132.40 and August was $.07 higher at $132.60. August feeders were down $1.27 at $166.67 and September was $1.32 lower at $169.72.

Cash cattle trade remains quiet ahead of the holiday weekend.