Live Cattle futures firmed on Texas cases as Feeders climbed.

Livestock markets showed mixed momentum today, with Live Cattle and Feeder Cattle futures trading higher while Lean Hogs futures moved lower. Live Cattle futures found support following reports of 12 new screwworm cases, mostly concentrated in Texas, helping the August contract gain over two dollars. Feeder Cattle futures also extended a steady climb over the past 10 sessions, supported by falling crude oil prices and fund traders adding over 11,000 long contracts. In contrast, Lean Hogs futures slipped lower as demand showed signs of slowing, keeping trade action inside Friday's range. Implied volatility remains steady across the agricultural complex.