Hog, cattle futures ended the week lower

Hog, cattle futures ended the week lower

Hog, cattle futures ended the week lower

At the Chicago Mercantile Exchange, live and feeder cattle closed lower, pressured by the week’s lower cash trade and lower boxed beef prices during the session.  October live cattle closed $.62 lower at $107.15 and December live cattle closed $.92 lower at $108.62.  October feeder cattle closed $.82 lower at $138.10 and November feeder cattle closed $1.45 lower at $135.02. 

It was a relatively quiet Friday for direct cash cattle trade following the light to moderate business that took place on Wednesday and Thursday.