U.S. livestock: Most cattle, hog futures down

Chicago mercantile trade cattle futures fell to finish the week. Hog futures had been additionally principally down.

Most-active February dwell cattle futures closed at 233.725 cents a pound, down 1.550 cents. April futures settled down 1.550 cents at 234.675 cents a pound.

Most-traded March feeder cattle futures misplaced 3.025 cents to shut at 354.700 cents a pound. April contracts settled at 353.050 cents a pound, down 3.575 cents.

Selection boxed beef ended the afternoon at $356.70 per cwt, up $2.51. Choose beef gained $2.78 per cwt to shut at $352.06 per cwt.

The USDA company has reported 13 instances of New World screwworm in Mexico for the reason that starting of the yr, together with one in a seven-year-old bovine within the state of Tamaulipas on January 5, in keeping with an up to date listing of instances on its web site. There have now been three instances reported in Tamaulipas state, which borders southern Texas, since December 26, the USDA’s listing confirmed.

Mexican officers reported that energetic instances of screwworm dropped to 492 as of January 7, from 1,145 registered on December 10.

The U.S. has saved its border principally closed to Mexican cattle since Could to maintain out the parasite.

Most-active February lean hog contracts misplaced 0.575 cents to settle at 85.300 cents a pound. April contracts misplaced 0.150 cents and closed at 91.775 cents per pound.

Pork carcass cutout worth fell by $1.50 to $90.79 per cwt, the USDA reported.

-With recordsdata from Reuters

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