Live Cattle futures reach highest close since September 14.

Live Cattle futures surged to their highest close since September 14, supported by firm wholesale boxed beef prices and steady cash market strength. Choice cuts rose $4.20 while daily slaughter reached 105,000 head. Feeder Cattle futures saw even larger gains, with the November contract rallying $8.15 to hit a nearly three-month high. In hog markets, December Lean Hog futures slipped $0.57 to $70.37 as prices gave back recent gains.