Post-Thanksgiving Day cattle and hog trade very quiet

Post-Thanksgiving Day cattle and hog trade very quiet

Chicago Mercantile Exchange live and feeder cattle futures were sharply lower on technical selling and some disappointment over recent direct cash and wholesale business. December live was down $4.22 at $170.25 and February was $4.30 lower at $170.97. January feeders were $7.80 lower at $219.32 and March was down $7.40 at $222.72.

Direct cash cattle trade was very quiet on Friday with no significant business taking place. The bulk of the week’s trade wrapped up prior to the Thanksgiving day holiday.