Live Cattle Futures Hold Steady as Lean Hogs Fall 1.4%
Live cattle ended near flat at $2.312 a pound, while lean hogs fell 1.4% to 64.675 cents a pound. An ADM Investor Services analyst said Friday’s cold storage report was friendly for cattle and bearish for hogs.
Livestock futures end the session mixed with live cattle near flat at $2.312 a pound and lean hogs down 1.4% to 64.675 cents a pound. Friday's cold storage report was "friendly for cattle and bearish for hogs," Chris Lehner of ADM Investor Services says in a note. "Once again there is more pork in…