DTN Livestock Close: Cattle Futures Regain Early Week Losses

    ©Debra L Ferguson Stock Photography

    Following a week of active pressure in lean hog trade, buyers finally moved back into the complex. This helped to post triple-digit gains in most contracts, as underlying price support has likely been reached. Strong pressure in feeder cattle trade developed following rebound in grain markets.

    GENERAL COMMENTS:

    From Friday to Friday: livestock futures scored the following changes: October live cattle up $0.40, December live cattle up $0.72; October feeder cattle off $1.90, November feeder cattle up $0.28; December lean hogs off $3.22, February lean hogs off $2.55

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