Cash strength pushes lean hog futures higher

At the Chicago Mercantile Exchange, live cattle futures closed higher on short-covering ahead of widespread direct cash business.  Feeder cattle were mostly higher on the same factors.  August live cattle closed $.60 higher at $109.05 and October live cattle closed $.72 higher at $109.87.  August feeder cattle closed $.02 higher at $142.20 and September feeder …

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