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Livestock futures face a choppy end to the week as Live Cattle and Feeder Cattle contracts push higher while Lean Hogs see softer price action. December Live Cattle futures gain $1.05 to settle at $222.15, supported by firm boxed beef prices and a lower weekly slaughter of 389,000 head. November Feeder Cattle futures s
By Julie Ingwersen CHICAGO, Sept 17 (Reuters) — Chicago Mercantile Exchange live cattle futures fell on Thursday for a third straight session on technical selling, softening packer margins and positioning a day ahead of a monthly government feedlot report. CME October live cattle futures settled down 2.800 cents at 215
CME October lean hog futures (LHV26) settled 0.525 cent lower at 79.075 cents per pound after hitting life-of-contract lows, with analysts citing ample U.S. hog supplies and weaker wholesale pork prices.
Virginia McGathey analyzes the latest action in the livestock market, where Live Cattle futures firmed up to halt an 11-day decline despite weakness in the cash trade. Feeder Cattle futures slipped 40 cents as funds reduced long positions, though underlying fundamentals remain supportive across the beef complex. Meanwh
Lean Hog futures slipped as weekly gains erased due to lower cash prices and weak cutout support