Live and feeder cattle, lean hog close higher

At the Chicago Mercantile Exchange, live and feeder cattle futures were mostly higher, getting ready for the USDA’s Cattle on Feed report, which was out after the close. There was limited influence from the losses in corn, midday boxed beef, and the week’s steady to lower direct trade. June live cattle were up $.17 at $164.52 and August was $.12 higher at $163.55. May feeders were $.05 higher at $212.40 and August was up $.35 at $229.87.

…