Cattle On Feed and Hogs and Pigs Report

On Feed:    98.5% vs 98.1% estimate
Placed:       102.3% vs 99.5% estimate
Marketed:  99.6% vs 99.8% estimate

Cattle on feed report was negative to price action compared to pre-report expectations.

Hogs and Pigs Report

All Hogs:                     96% vs 98.3% estimate
Kept For Breeding:    98% vs 98.9% estimate
Kept For Marketing:  96% vs 98.2% estimate

Hogs and Pigs report is bullish compared to pre-report estimates.