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News 2026-10-14 21:00 UTC

Lean Hog Futures Hit Contract Low on Shifting Consumer Demand

Livestock futures traded lower on Wednesday, pressured by expectations of higher beef output in 2027 and shifting consumer demand. Live Cattle futures surrendered Friday's gains, with the December contract falling $1.42 to $224.95, while Feeder Cattle futures drifted lower in sideways trade amid plentiful packer invent