Live Cattle futures held steady as beef exports jumped.

Oliver Sloup breaks down the latest price action across the livestock complex, highlighting a minimal week-over-week change in August Live Cattle futures despite a softer daily tone. August Feeder Cattle futures also saw daily pressure but managed to hold onto weekly gains. Meanwhile, August Lean Hog futures trimmed daily losses but extended their weekly decline to four consecutive weeks. The discussion also covers the latest wholesale box beef report, daily slaughter figures showing a notable drop in volume compared to last year, and weekly export sales. Beef exports saw a noticeable uptick driven by strong demand from South Korea, while pork exports experienced a sharp week-over-week decline.