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Hog futures supported by commercial buying

todayFebruary 22, 2022 18

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Hog futures supported by commercial buying

At the Chicago Mercantile Exchange, live cattle ended the day higher, and feeders were lower watching corn and direct markets develop.  April live cattle closed $.15 higher at $146.02 and June live cattle closed $.40 higher at $141.90.  March feeder cattle closed $1.20 lower at $164.22 and April feeder cattle closed $1.72 lower at $169.12. 

Cattle country was quiet on Tuesday with very little direct cash cattle trade activity.  Packer inquiry was limited and bids failed to surface. 

Written by: Leah Jones

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