Hog futures supported by strong wholesale values

At the Chicago Mercantile Exchange, live cattle futures closed mostly lower, unable to find support in the cash trade’s strong finish last week.  Beef supply worries are adding pressure to deferred contracts.  Feeder cattle were mixed, finding some support in Monday’s weak corn trade. December live cattle closed $1.15 lower at $117.25 and February live cattle closed $.65 lower at $122.80.  November feeder cattle closed $.90 lower at $153.90 and January feeder cattle closed $.12 higher at...