Livestock Futures End Day Sharply Lower

Live Cattle Futures closed sharply lower. February Live Cattle was down $2.85 at $155.92. March Feeders were down the daily limit from the open of the trading session and never budged. March Feeder Cattle closed at $216.60. February Lean Hogs ended the trading session at $8040, down $1.27 on spill-over selling from Live Cattle Futures, weak cash markets and demand worries from competition of lower chicken prices. Cash hogs were called $1.00 to $1.50 lower during the day.