Livestock markets concluded a shortened trading week with mixed results as Live Cattle futures faced late-session pressure, settling at 242. Despite the daily decline, the contract finished the week $1.37 higher. Feeder Cattle futures also saw a pullback, with March and April contracts easing, though remaining positive on a weekly basis. In contrast, Lean Hogs futures marked a fourth consecutive higher day, led by the active April contract which gained $0.22. Wholesale box prices remained firm, with choice cuts rising to 366'67. Market participation was impacted by the Monday holiday, contributing to a lower weekly slaughter total of 427,000 head. Volatility indicators showed signs of subsiding, with the 14-day average true range for Live Cattle futures slipping to 2.93.
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