Hog futures hit seven-month low amid ample supplies - CME

Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures slumped on Tuesday as traders waited for US inventory data and assessed prospects for beef imports, Reuters reported, citing analysts.Lean hog futures hit their lowest level in about seven months.Traders were waiting for the US Department of Agriculture to issue a monthly Cattle on Feed report on Friday, after the agency did not release the report in October due to the federal government's shutdown.Analysts estimated the inv