Livestock markets faced downward pressure as live cattle futures gapped lower following a decline in boxed beef prices. Choice and Select cuts saw significant drops, suggesting a potential price ceiling. April live cattle futures spent a portion of the session at limit down before a slight recovery. Feeder cattle also retreated as overbought conditions met a weak cash trade, with March futures falling 9.25. Lean hog futures tracked lower initially due to a 4.37 decline in cutouts, though the market displayed resilience by recovering to nearly unchanged levels. April lean hogs touched 96.87 as the market found underlying support despite the broader sector volatility.