Live Cattle futures experienced downward pressure on Monday as liquidation and uncertainty regarding a potential strike at the JBS plant influenced market sentiment. The April contract declined 4.85 to 230 205 while June prices also softened. Feeder Cattle futures followed suit as feedlots accepted lower prices to manage weekend risk. For the month, the feeder market saw a significant reduction of 20 dollars. Conversely, Lean Hogs futures remained steady as the market paused for month-end positioning. Strong export sales and consistent domestic demand provided a supportive backdrop for the hog complex despite the typical volatility associated with a Friday close. Traders focused on buttoning up positions with the June contract maintaining levels above 100 dollars.
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