Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.
Lean hog futures ended the day mixed
Corn up on technical bounce, wheat up on weaker dollar
Exports being lost because of US-Mexico rail crossing closures, industry says
The trade is expecting a smaller hog herd, Reuters survey shows
Wheat futures rose on a technical bounce
Lean hog futures also ended the day lower
Good export demand also underpinned soybeans
Lean hogs end slightly down after early jump
Gains in the stock market supported livestock futures, analyst says
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil