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Hog futures start the week higher

At the Chicago Mercantile Exchange, live cattle closed higher, and feeders were mostly higher ahead of the week’s direct cash business. August live cattle closed $.70 higher at $135.62 and October live cattle closed $1.05 higher at $140.60.  August feeders were $.32 higher at $176.67 and September feeders were $.25 lower at $179.42.

Direct cash cattle business started the week quietly.  Bids and asking prices are slow to surface.  Showlists this week are mixed – higher in Texas, and Nebraska/Colorado, but lower in Kansas. 

Hog futures start the week higher

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