Live Cattle Futures Sharply Lower

Live Cattle Futures opened lower and continued falling until the daily limit was reached for most months. February Cattle was down the limit at $158.75. Feeder Cattle Futures were down the limit, with March Feeder Cattle offered at $219.60. Lean Hogs were mildly lower in a choppy session. February Lean Hogs were down $0.57 at $82.70.