Hog futures slip as pork carcass values drop $2.77 - CME

Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Thursday as a sharp decline in grains and a stronger cash market supported cattle futures, reported Reuters.Cattle had been oversold in recent weeks, traders said, and short covering also helped drive cattle higher on Thursday.CME October live cattle settled 4.125 cents higher at 214.30 cents per pound. CME October feeder cattle futures rose 6.725 cents to 321.10 cents per pound.A Wall Street rally added more bulli