Live cattle futures advance as boxed beef values firm and slaughter runs lag last year.

Oliver Sloup reviews the livestock markets, highlighting a $3 rally in December Live Cattle futures to $219.20 alongside firmer boxed beef choice cut values. The report covers lighter daily slaughter numbers at 107,000 head and Tyson Foods' plans to restore its Amarillo beef plant shift by 2027. Feeder Cattle contracts show strength with the January contract settling at $326.67 despite a modest contraction in fund net long positions to 13,600 contracts. Finally, Lean Hog futures experience a mixed session as managed money funds expand their net short position to a historic 59,000 contracts. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #LiveCattle #FeederCattle #LeanHogs #AgNews #FuturesTrading