Meanwhile, hogs and pork bellies posted significant gains during the session.

Live cattle wilted on the open on follow-through selling, lifeless boxed-beefvalues Wednesday, and that day's dressed and fed cattle values that were downsignificantly from a week ago.

However, spot-June live cattle's outlook brightened after the contractgarnered buying interest near Wednesday's 89.55-cent low. Also, bulls made arun at August when the contract slipped below 89.50-cent psychological supportand briefly touched a 3 1/2-month low.

The federal government's midday boxed-beef quotes still reflected wholesalerdisinterest in buying beef products at current prices.

Nonetheless, pit bulls were encouraged by June's and July's break abovelongstanding 10-day moving average resistance levels and better-than-expectedcash cattle sales compared with Wednesday's disappointing developments.

Source: FXSTREET