Hog futures pressured by sluggish export sales report

At the Chicago Mercantile Exchange, live and feeder cattle were supported by the week’s stronger direct cash business and the lower corn. June live cattle closed $1.27 higher at $139.90 and August live cattle closed $1.42 higher at $141.57.  May feeder cattle closed $2.37 higher at $164.85 and August feeder cattle closed $2.97 higher at $176.45. 

It was a quiet Thursday for direct cash cattle trade activity following the active days earlier in the week. 

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