(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle, feeders fall to contract lows on fund selling

Chicago | Reuters — U.S. live cattle and feeder cattle futures plunged to contract lows on Tuesday while lean hogs also extended recent losses, pulled down by ample supplies of animals for slaughter, and meat in storage. Expectations for lower cattle prices in cash markets also weighed. Live cattle and feeder cattle had declined by