Written Commentary
LIVESTOCK AM OUTLOOK
Trade volume was extremely light for both Live Cattle and Lean Hogs on Tuesday. Volume on February Live Cattle was just 9,962 contracts and for April there were 5,195 contracts.
The trade volume in Lean Hogs was just as slow February Lean Hog volume was 11229, April volume was 4,693 and June volume was only 2,756 contracts. Total Globex volume on Feeder Cattle from January 2022 through November 2022 was under 8000 contracts with March Feeder Cattle the most active with 3,183 contracts.
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