Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Live cattle and feeder cattle tumbled on the opening Thursday after the union at JBS in Greeley, CO overwhelmingly voted authorization to strike for unfair labor practices. The union said workers are working faster that increases risk for injuries and JBS has reduced work hours. There isn’t a date set for the strike and the union must submit a 7 day notice to cancel a contract extension. The original contract was over in July and was extended.
LEAN HOG COMPLEX
February 2026 lean hogs settled on February 04, 2025 $88.00.
February 2026 lean hog futures are $2.17 over the CME Lean Hog Index.
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