Hog futures lower on demand concerns

Hog futures lower on demand concerns

At the Chicago

Mercantile Exchange, live cattle ended the day lower on a weaker than expected Export

Sales report and generally weaker commodity prices.  February live cattle closed $1.05 lower at

$124.72 and April live cattle closed $.80 lower at $125.67.  January feeder cattle closed $1.30 lower at

$143.35 and March feeder cattle closed $1.05 lower at $142.67. 

A light to moderate direct cash cattle trade was reported across most major feeding areas on Friday. 

Continue reading Hog futures lower on demand concerns at Brownfield Ag News.