Hightower Report reported that August Live Cattle finished up 0.70 at 181.82, 0.10 off the high and 1.40 up from the low. August feeder cattle closed up 4.37 at 264.60. This was 4.20 up from the low and 0.07 off the high. August cattle spend the day inside Friday’s range as they finished Tuesday with a moderate gain. Hightower Report also reported that July Lean Hogs finished down 0.70 at 96.52, 0.70 off the high and 0.52 up from the low. July hogs extended their recent selloff with a move to their lowest level since February 13, but they bounced well off the lows before finishing Tuesday with a moderate loss. Hightower Report said that Friday’s COT report showed funds had liquidated roughly 50% of their record net long from April, which should lessen the long liquidation pressure. The Cattle on Feed report last week had no surprises with placements, marketings and on feed numbers all coming close to the average expectation.