Hog futures higher to end the week

At the Chicago Mercantile Exchange, live cattle ended the day mixed ahead of the USDA’s On Feed numbers.  Feeders were lower, pressured by the higher corn.  August live cattle closed $.50 lower at $133.37 and October live cattle closed $.25 lower at $138.75.  August feeders closed $2.35 lower at $172.50 and September feeders closed $1.77 lower at $175.07. 

It’s a quiet end to the week for direct cash cattle trade activity following multiple days light to moderate business. 

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