At the Chicago Mercantile Exchange, live cattle were higher, and feeders were mixed ahead of widespread direct cash business. April lean hogs closed $.05 higher at $164.95 and June lean hogs closed $.02 higher at $158.90. April feeder cattle closed $.40 lower at $197.22 and May feeders closed $.57 lower at $200.80.
It’s another really quiet day for direct cash cattle business. Bids didn’t surface. Asking prices were at $165 to $166 live in the South, while the North was quiet.