Hog futures supported by higher move in pork

At the Chicago Mercantile Exchange, live cattle were lower, and feeders were mixed ahead of widespread direct cash business and Friday’s On Feed numbers from the USDA. June lives closed $1.60 lower at $163.60 and August lives closed $1.30 lower at $162.75.  May feeders closed $1.02 lower at $210.47 and August feeder cattle closed $.70 higher at $226.77. 

There was a light to moderate direct cash cattle trade that took place on Wednesday.  

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