Live Cattle futures moved lower as box prices declined, with the February contract retreating from its recent surge. Feeder Cattle futures also saw a pullback attributed to profit taking and an overbought market condition, though news of screw worm concerns in Mexico continues to impact border expectations. Lean Hog futures edged lower following a drop in pork cutouts, yet the market maintained its established two-week trading channel through the holiday period.
Learn More About Trading Futures and Options at CME Group: https://www.cmegroup.com/markets/agriculture.html
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Learn More About Trading Futures and Options at CME Group: https://www.cmegroup.com/markets/agriculture.html
#cattle #hog #futures