Live Cattle - Lean Hogs Plunge

Live Cattle Futures futures plunged Tuesday on general selling. Tuesday's USDA cattle slaughter was 109,000 head versus a year ago at 113, 000 head. At last check during post settlement trading April Live Cattle was trading at 151.15 down 2.30. June Live cattle was trading at 143.67, down 2.12. . Lean Hogs also traded sharply lower Tuesday. Tuesday's USDA Hog slaughter was 435,000 head versus a year ago at 404,000. At last check during post settlement trading April hogs were trading at 65.52, down 2.12 and June Lean Hogs were trading at 80.42 down 2.57. General selling accelerated the decline in Lean Hog futures late in the session.
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