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Hog futures supported by cash and wholesale business

By Meghan Grebner Apr 7, 2021 | 3:50 PM

Hog futures supported by cash and wholesale business

At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, watching direct cash business develop.  April live cattle closed $.42 higher at $123.15 and June live cattle closed $.65 higher at $125.27. April feeder cattle closed $1.15 higher at $147.62 and May feeder cattle closed $.90 higher at $152.67. 

A light to moderate direct cash cattle trade has been reported.  Live deals throughout cattle country are at $120 to $122.