Cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as a lack of fresh news continued to weigh on values.
The December live cattle contract dropped 6.275 cents per pound at 219.000 cents. Feeder cattle fell 9.025 cents in the January contract at 318.450 cents per pound.
The U.S. Department of Agriculture reported wholesale boxed beef prices were weaker, with choice boxes dipping 88 cents at $373.57 per hundredweight and select boxes down $4.91 at $355.03/cwt.
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Lean hog prices were weaker, with the December contract gave up 2.550 cents at 78.075 cents per pound. Federally inspected hog slaughter for Thursday was estimated at 494,000 head by the USDA, taking the weekly total to 1.94 million head.
