Live Cattle futures delivered a mixed performance today as liquidation pressures began to stabilize ahead of the latest USDA report. Despite testing recent lows, tight cash supplies and strong demand insulated the front months, keeping prices near unchanged. In contrast, Feeder Cattle futures faced aggressive liquidation ahead of the long weekend, driving prices down to their extended daily limits with August dropping $12.25 to settle at 344.27. Meanwhile, Lean Hog futures stabilized and caught a firm bid from buyers. The market rebounded from multi-month lows matching early December levels, supported by an oversold technical setup and expectations for tightening summer supplies.
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