Live and fed cattle futures and those for lean hogs on the Chicago Mercantile Exchange were higher on Friday.
The June live cattle contract added 1.600 cents at 196.800 cents per pound.
May feeder cattle futures advanced 3.400 cents at 278.700 cents per pound.
The USDA reported wholesale boxed beef prices were lower on Friday afternoon, as choice boxes dipped seven cents at $334.22 per hundredweight and select boxes were down $1.00 at $313.96.
Thursday’s federally inspected cattle slaughter was estimated at 114,000 head, down 9,000 from the previous Thursday.
The June contract for lean hog prices nudged up 0.150 of a cent on Friday at 93.325 cents per pound.
The department reported Thursday’s federally inspected hog slaughter of 488,000 head, up 34,000 from a week ago.
