Live cattle futures chart reflects strong packer demand with kill rates running above expectations. Pasture conditions remain stressed, giving the feeders more leverage in negotiating supply contracts. Live cattle futures posted gains of $1.30 to $2.30 across the front months on Tuesday, hitting new all-time highs on the front month continuation chart. Preliminary open interest was up 2,482 contracts on Tuesday. Cash trade was quiet on Monday, mostly compiling showlists. Last week saw northern dressed action at $385-392 and live trade at $245, with southern trade at 240. Alternatively, trying to short this market poses a high-risk trade since it would be fighting a strong uptrend that has been defined by consistent technical support from the EMAs. June contracts in the live cattle futures chart recently tested support at $183.10 but quickly rebounded, confirming resilience in spot demand and continued optimism among hedge funds holding long positions.