Chicago Mercantile Exchange (CME) live cattle futures strengthened on Wednesday as tight US supplies continued to support the market, Reuters reported, citing analysts.
Feeder cattle futures also advanced, while lean hog futures declined.
The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday, analysts said.
Limited supplies continue to support the market, after producers have sent more cattle to slaughter as drought has reduced the amount of pasture available for grazing.