Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope.
CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures US$).
Most actively-traded April live cattle, meanwhile, closed at 164.075 cents, down 0.525 cent on the day. CME March feeder cattle slipped 1.1 cents, to 186.225 cents/lb.
CME’s most-active April lean hogs contract was down 0.725 cent on the day, to 85.775 cents/lb. — Glacier FarmMedia Network