Live cattle, hog futures head into Friday higher

Live cattle, hog futures head into Friday higher

At the Chicago Mercantile Exchange, live cattle ended the day higher, supported by the week’s stronger cash business.  Feeders were pressured by the higher move in corn.  October live cattle closed $.62 higher at $145.10 and December live cattle closed $.37 higher at $151.07.  September feeder cattle closed $.40 lower at $184.60 and October feeder cattle closed $.32 lower at $186.85. 

There was light to moderate direct cash cattle business on Thursday following the light to moderate trade that took place on Wednesday.