Cattle futures string together impressive week as Lean Hogs slide.
Livestock markets end the week with mixed momentum as Cattle futures extend their upward move while Lean Hogs struggle. October Live Cattle futures closed $1.85 higher to $219.67, gaining $7.50 on the week amid lighter cash cattle trade and mixed wholesale box beef reports. Feeder Cattle futures also surged, with the October contract jumping $4.95 to $332.50, driven by steady demand. Meanwhile, Lean Hogs faced downward pressure, as the October contract dropped $1.62 to $81.52, snapping a two-week climb. Volatility also ticked higher, with Lean Hogs CVOL reaching its highest level since June.
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