Hog futures pressured by overbought signals

At the Chicago Mercantile Exchange, live and feeder cattle were mostly higher ahead of the week’s direct business.  December live cattle closed $.30 lower at $184.77 and February live cattle closed $.02 higher at $185.95 and January feeders closed $.07 lower at $242.35 and March feeders closed $.25 higher at $240.50.  Direct cash cattle trade […]

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