Hog futures up on demand optimism

At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit-taking.  February live cattle closed $1.40 higher at $229.55 and April live cattle closed $1.27 higher at $229.40.  January feeder cattle closed $4.30 higher at $339.10 and March feeder cattle closed $3.60 higher at $3334.07.  Direct cash cattle trade was quiet Friday following […]

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