Live Cattle futures steady as Feeder Cattle and Lean Hogs see choppy trade. 8/17/26

Virginia McGathey reviews the latest activity in the livestock markets, starting with Live Cattle futures firming up on short covering before retreating near unchanged. In Feeder Cattle futures, early rallies fizzled out as packers held out for lower prices, leading to a wide $6.30 range in the September contract. Finally, Lean Hog futures saw a brief rebound driven by lower pork prices sparking demand, though futures gave back most of their gains by the close. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #Livestock #LiveCattle #LeanHogs