Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
If packers wanted more cattle and with increasing weights all they need to do is to take a few more cattle from the showlists. After all, cattle carcass weights are up over 37 pounds from a year ago. But packers don’t want to increase kill and have beef prices drop more than they are currently dropping.
PORK COMPLEX
October has been moving closer to cash and has been pulling up December on out. Trade volume has been light to moderate. From December 2024 through July 2025 lean hog are bear spread. Most large traders have rolled out of October 2024 lean hogs now.
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