Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Trade volume was moderate Monday. Live cattle were higher with much of the trading spreading buying nearbies and selling months into 2026 with spreaders going along with last Friday’s trading reversing the bear spreads. The large spread traders are trading from December 2025 into 2026 contracts and buying they are actively buying cattle and selling hogs.
PORK COMPLEX
October 2025 lean hogs settled on October 13, 2025 $97.42 October lean hogs are 97.42 under the CME Lean Hog Index as of Oct 13.
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