Live Cattle futures fall amid JBS plant strike. Livestock markets volatile across board.

Livestock futures faced broad selling pressure to start the week, with Live Cattle futures gapping lower on news of a looming JBS plant strike. The potential labor dispute, expected by mid-March, triggered liquidation as June Live Cattle futures reached 224.22. Feeder Cattle futures also retreated, briefly touching limit down before a minor recovery, as April futures fell 9.25 to 342.37. Lean Hog futures joined the downward trend, pressured by rising crude oil prices affecting consumer demand. Market volatility remains high across the entire livestock sector, exacerbated by broader geopolitical tensions and supply chain concerns.