Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as market players weighed waning demand from consumers and retailers while hog futures turned higher, following a seasonal pattern, traders said.
Chicago Mercantile Exchange lean hog futures edged lower on Tuesday on technical selling after setting contract highs in the previous session as traders weighed whether a seasonal peak in cash hog prices has petered out, analysts said.
U.S. Agriculture Secretary Brooke Rollins announced plans on Wednesday to open a sterile fly dispersal facility in Hidalgo County, Texas, as part of the country's effort to fight the encroachment of New World screwworm.