Monday, August 15, 2011

Cattle, Hogs Anticipated Higher

CATTLE: Cattle futures are expected to begin the week 10 to 25 cents higher. Cash cattle traded at $115.50 to $117 on the live and $184 to $186 in the dressed last week with the majority of the business done Thursday, Brugler Marketing reported.

HOGS: Lean hog futures are expected to start the day 20 to 30 cents higher. The August contract went off the board at $107.45 and the October contract became spot month at $89.47.

As seen on marketwatchonline.com

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