Hog futures up on pork trend

Hog futures up on pork trend

Chicago Mercantile Exchange live cattle futures were narrowly mixed

ahead of the week’s widespread direct business. August was unchanged at $108.65

and October was steady at $109.90.

Feeder cattle were up on the modestly lower move in corn. August was

$.92 higher at $143.72 and September was up $.87 at $144.10.

Direct cash cattle business was light, mainly in the south at $112 on

the live basis, up $1 on the week, with even lighter business in the north at

$183 to $185 dressed, steady to $2 higher.

Continue reading Hog futures up on pork trend at Brownfield Ag News.