Live Cattle futures remained firm following a bullish cattle on feed report, which showed placements at 88.9% compared to the 92.4% estimate. Feeder Cattle futures also trended higher as tight supplies and the continued closure of the Mexican border for imports provided strength to the market. Meanwhile, Lean Hog futures moved higher as stronger cutout values helped the market break out of a month-long sideways trading channel, with the February contract rising to 85.35.