Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.
Lean hog futures also ended the day lower
Good export demand also underpinned soybeans
Lean hogs end slightly down after early jump
Gains in the stock market supported livestock futures, analyst says
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil
Live cattle futures have bounced a bit after sinking last week to a 14-month low
China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts
"I think we're still trying to hunt for a bottom": analyst
Corn and wheat futures also traded lower
Wheat and corn futures advance