Hog futures lower on follow through selling

At the Chicago Mercantile Exchange, cattle futures ended the day lower on weak wholesale values and cash trade.  April live cattle closed $.82 lower at $125.70 and June live cattle closed $.62 lower at $119.  April feeder cattle closed $.70 lower at $145.25 and May feeder cattle closed $.90 lower at $148.77.  Direct cash cattle trade finished up the week quietly.  A few scattered bids were renewed on Friday at $126 live and $204 dressed.  Continue reading Hog futures lower...