Live Cattle futures fell as liquidation trend extended.

Livestock futures displayed diverging trends on Wednesday as liquidation weighed on live cattle while feeder cattle and lean hogs found support. Live Cattle futures continued their downward trajectory, extending a $15 decline seen since late June amid concerns over potentially weakening demand. Conversely, Feeder Cattle futures staged a sharp intraday turnaround, rallying $10.40 on high volume driven by hot weather concerns that could affect animal weights. Lean Hogs futures also settled higher, lifted by stronger cutout values and a significant jump in belly prices, prompting expectations for more aggressive packer buying.