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Hog futures mixed, caught between cash and the cutout

Chicago Mercantile Exchange live cattle were mostly lower and feeders were down, watching corn and waiting for the week’s direct business to take shape. December live was down $.52 at $151.95 and February was $.57 lower at $155.25. November feeders were $.70 lower at $176.92 and January was down $1.25 at $178.20.

Direct cash cattle markets generally remained at a standstill. Very limited trade was reported at $152 live, not enough to establish a trend.

Hog futures mixed, caught between cash and the cutout

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