Live Cattle futures held steady as Lean Hog futures fell.

Live Cattle futures traded steady as market participants weighed modest gains in boxed beef prices against pullbacks from session highs. October Live Cattle futures gained $2.30 to reach 229.55, while August touched 233.40 before easing. Feeder Cattle futures traded mixed despite cash prices gaining $3 in both Northern and Southern markets, with September peaking at 348.05 before closing slightly lower at 341.70. Lean Hog futures faced pressure from weak pork cutout values, with October slipping $1.50 to 83.35 and December settling at 74.72 amid range-bound trading. Virginia McGathey analyzes the latest price action, packer demand, and volatility across livestock futures.