Hog futures supported by sharply higher wholesale values

Hog futures supported by sharply higher wholesale values

At the Chicago
Mercantile Exchange, live cattle ended the day mixed, mostly higher on spread adjustments
and the sharply higher wholesale values during the session.  Feeder cattle were mostly higher on the same
factors.  April live cattle closed $.85
lower at $94.65 and June live cattle closed $.17 lower at $86.30.  April feeder cattle closed $1.27 higher at
$119.52 and May feeder cattle closed $.80 higher at $119.27. 

It was another week of very light direct cash cattle trade. 

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