Chicago cattle and hog contracts fell across the board as U.S. advance gross domestic product data pointed to the first quarterly decline in three years.
Most Chicago lean hog futures slid on Thursday as the U.S. Department of Agriculture reported China had canceled 12,000 metric tons of U.S. pork exports in the week ending April 17.
Chicago cattle futures resumed their upward trajectory on Tuesday after Monday's dip, which had been influenced by threats by U.S. President Donald Trump to sack the Federal Reserve chair.
Cattle futures on the Chicago Mercantile Exchange were lower on Monday, retreating from early gains as the livestock markets found themselves caught up in the broad weakness triggered by threats from United States President Donald Trump to remove Federal Reserve chair Jerome Powell.
Chicago live cattle and feeder contracts rose on Thursday as the USDA's cattle on feed report showed cattle inventory down two per cent compared to one year ago.