Cattle, hog futures move higher to close week

Chicago Mercantile Exchange live and feeder cattle futures were higher with boxed beef up at midday. August live was $.27 higher at $136.45 and October was up $.40 at $142.22. August feeders were $1.15 higher at $178.57 and September was up $1.35 at $181.55.

Direct cash cattle trade was quiet Friday with the week’s business pretty well wrapped up before the day started. This week, Southern live deals have come in mostly at $135, $1 lower than last week’s weighted averages.

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Cattle, hog futures move higher to close week