Cattle & hog futures mixed to start the week

Cattle and hog futures were mixed to start the week. At the Chicago Mercantile Exchange October live cattle closed $.10 lower at $218.77 and December live cattle closed $.02 higher at $218.40.  September feeder cattle closed $1.60 lower at $332.95 and October feeder cattle closed $.07 lower at $325.35. At the Joplin Regional Stockyards in Missouri, feeder steers were steady to $10 lower and feeder heifers were $2 to $12 lower. Lean hog futures closed mixed, adjusting spreads.  October lean hogs closed $.02 lower at $81.72 and December lean hogs closed $.05 higher at $72.52. Cash hogs closed lower with a moderate negotiated run. Barrows and gilts in the Iowa/Minnesota closed $.32 lower with a weighted average of $92.43. Butcher hog prices at the Midwest cash markets are $4 higher at $70. Pork values closed lower, down $1.15 at $98.75. These are your updated market reports.

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