Livestock Futures continue to slide

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Live Cattle Futures are sharply lower today early this morning Feb Live Cattle is down the limit 3.00 at 155.75 on long liquidation and general selling. On Friday the USDA Cattle on Feed report for December is due out at 3:00 PM ET. The preliminary average estimates are: On feed December 1st; 101.1 % of last year, placed in November 96.1 % of last year marketed in November 89.9 % of last year. March Feeder Cattle is trading at 216.60 down the limit. February Lean Hogs are sharply lower down 1.90 at 7972. On weak hams and Bellies and general selling.
Posted In: FuturesCommoditiesMarkets
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