Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Tuesday ‘s trade volume was very light. Spreading was the majority of the trading, selling cattle and buying hogs as well as selling February and then buying on out. Expect the larger number of cattle of feed in the Midwest to the lower number of cattle on feed in the southwest to remain into 2026. If the quarantine is stopped that will help the situation but it appears that breeding began sooner in the Midwest, northern plains and mountain states.
LEAN HOG COMPLEX
Lean hogs are moving higher along with cash pork. Daily pork on Tuesday morning was .47 lower but the CME Pork Index has been steadily moving higher. Exports for the data collect so far are up from Mexico but down from Japan which goes along with the strong peso and lower yen. South Korea exports were also lower
Interested in more futures markets? Explore our Market Dashboards here
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM. The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.
