Lean hogs close sharply lower

Lean hogs close sharply lower

Chicago Mercantile Exchange live and feeder cattle futures ended the session mostly lower, waiting for bids and asking prices to surface at the major direct markets. August live was down $.42 at $178.45 and October was $.10 lower at $180.80. August feeders were $.17 lower at $256.02 and September was down $.27 at $257.60.

Cash cattle country was quiet on Tuesday with bids and asking prices still not established. Any significant trade volume is likely to be delayed until Thursday or Friday.

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