The cattle markets are still trying to “alleviate the overbought condition” with sideways trade, but that didn’t stop most contracts trading higher today, in some of their highest closes since August 1, The Hightower Report said.

Lean hogs are hoping for more China purchases and optimism about a deal, at least a partial one, being announced have the markets excited for the potential of some follow-through buying, The Hightower Report said.