Lean Hog Futures Extend Losses While Cattle Gain — Market Talk

Lean hog futures post back-to-back losses, with the October contract settling 2.4% lower on CME at 79.6 cents a pound. Most-active cattle futures extend gains to a third session, supported by lower slaughter, settling up 1.3% at $2.2510 a pound. Both choice and select boxed beef prices were higher…