Live Cattle futures and Feeder Cattle futures rebounded in Tuesday's session following sharp early-week losses. October Live Cattle futures closed higher near the top of the day's range, while September Feeder Cattle futures also posted strong gains. Lean Hog futures saw strength across deferred contracts. Meanwhile, USDA reports showed steady cash steer prices at $230.48 and early-week slaughter down significantly year-over-year at 95,000 head. Market participants continue to evaluate the announcement of a phased reopening of the southern border for livestock imports, which has pressured deferred contracts due to potential increases in import supply over time.