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Sean Hannity
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Hog futures pressured by demand uncertainty

By Meghan Grebner Jan 14, 2021 | 3:29 PM

Hog futures pressured by demand uncertainty

At the Chicago Mercantile Exchange, live cattle were mixed on spread adjustments and feeder cattle were lower pressured from the week’s lower cash trade and the day’s higher move in corn.  February live cattle closed $.17 lower at $112.07 and April live cattle closed $.25 lower at $117.22.  January feeder cattle closed $.97 lower at $132.60 and March feeder cattle closed $.95 lower at $133.37. 

Some scattered cleanup business was reported on Thursday, but most of cattle country was quiet.