Lean Hog futures slipped as weekly gains erased.

In this livestock market update, Virginia McGathey of McGathey Commodities breaks down the latest price action across cattle and hog markets. Live Cattle futures showed firmness, supported by strengthening boxed beef prices as Choice crossed the $400 mark. Meanwhile, Feeder Cattle futures experienced a major surge, breaking out of their recent trading channel to hit new highs driven by robust demand and higher cash prices from last week. Conversely, Lean Hog futures faced downward pressure, sagging below the $100 upside objective as lower cash prices and weak cutout support erased most of the week's gains.