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Hog futures pressured by lower pork values

At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, ahead of the bulk of the week’s direct cash business.  October live cattle closed $1.82 higher at $143.95 and December live cattle closed $1.67 higher at $149.95.  September feeder cattle closed $1.45 higher at $182.90 and October feeder cattle closed $1.50 higher at $185.70. 

There was a light direct cash cattle trade reported on Wednesday.  Live deals in the North were at $140 to $142. 

Hog futures pressured by lower pork values

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