Live Cattle slide for fourth week as Lean Hogs rebound
Live Cattle futures extended a four-week slide alongside softer cash trade, with Feeder Cattle posting their lowest weekly close since last November. Lean Hog futures rebounded, closing higher and ending a multi-week downward trend.
Oliver Sloup recaps a mixed finish to the week for the livestock complex.
Live Cattle futures continue a four-week slide alongside softer cash trade, while Feeder Cattle also mark their lowest weekly close since last November.
Conversely, Lean Hog futures catch a bid, breaking a multi-week downward trend to close higher.