Feeder Cattle futures led livestock higher as volatility retreated.

Livestock futures finished mostly higher on Tuesday, led by a significant rally in Feeder Cattle futures. The most actively traded March contract gained $3.45 to settle at $350.90, while February Live Cattle futures rose $0.75 to settle at $236.62. Market uncertainty appears to be subsiding as both Live Cattle and Feeder Cattle CVOL retreated to their lowest levels since October 2025. In the cash market, the USDA reported a firm five-area average price for live steers at $231.68. While Lean Hog futures remained mixed, the broader cattle complex showed strength despite a slightly softer wholesale boxed beef report and a daily slaughter count of 115,000 head.