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Cattle futures, cash hogs close higher

At the Chicago Mercantile Exchange, live and feeder cattle futures were higher, getting ready for widespread direct cash cattle business and Thursday’s weekly export sales numbers. October live was up $.47 at $144.67 and December was $.42 higher at $147.92. October feeders were $1.90 higher at $176.55 and November was up $2.12 at $177.32.

A light trade developed in Eastern Nebraska late Wednesday at $230, about $1 higher than last week’s weighted average.  A few bids were on the table in the South but they were being passed.  Asking prices are around $145 in the South, and $233 to $235-plus in the North.

Cattle futures, cash hogs close higher

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