Cattle, hog futures lower head into Friday

At the Chicago Mercantile Exchange, live and feeder cattle were lower with feeders leading the way on the higher corn.  June live cattle closed $1.92 lower at $131.65 and August live cattle closed $1.87 lower at $132.77.  August feeder cattle closed $3.47 lower at $166.52 and September feeder cattle closed $3.50 lower at $169.67.  

Direct cash cattle trade activity is off to a quiet start following Tuesday and Wednesday’s business.  It’s likely the bulk of the week’s trade has wrapped up, but some deals could trickle in before the end of the week. 

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