Cattle, hog futures fade into the weekend

Cattle, hog futures fade into the weekend

At the Chicago Mercantile Exchange, live cattle futures closed mixed waiting for direction as the cash cattle trade remained in a standoff most of the day.  Feeder cattle were pressured by the day’s higher move in corn.  December live cattle closed $.32 higher at $116.92 and February live cattle closed $.22 higher at $120.50.  January feeder cattle closed $.75 lower at $145.22 and March feeder cattle closed $.82 lower at $142.85.

Direct cash cattle trade headed into the weekend deadlocked. 

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