February lean hogs settle down - CME

Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, Reuters reported, citing analysts. CME March feeder cattle settled up 3.225 cents at 266.200 cents per pound, and all other contracts except January also reached lifetime highs.February live cattle futures ended up 2.000 cents at 193.600 cents per pound, having earlier reached their highest level since Ma