Virginia McGathey of McGathey Commodities summarizes the latest price movements across livestock futures. Live Cattle futures continued their decline, extending a 14-session losing streak down to a four-month low amid cash weakness and liquidation. Feeder Cattle futures traded mixed, with front months finding support near technical levels while deferred contracts fell. Meanwhile, Lean Hogs futures rallied on solid cash and cutout fundamentals, pushing the August contract past the $100 key objective.
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