With some light cash cattle trade developing and the Quarterly Hogs and Pigs report being released, it was a busy afternoon for the livestock complex. LIVE CATTLE: The live cattle complex closed lower as traders once again opted to pull the contracts lower and move away from the market’s resistance at its 100-day moving average. February live cattle closed $1.42 lower at $230.00, April live cattle closed $1.05 lower at $230.02 and June live cattle closed $0.82 lower at $224.12. …
