Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Live cattle futures closed higher for third day in a row. June and August closed slightly over resistance levels. For the week June is up $1.40 .
The screwworm in 2026 is often compared to what happened in the 1960’s when there was a large outbreak. However, there are treatments now that weren’t available 60 years ago.
LEAN HOG COMPLEX
Trading hogs on Thursday had June hogs moving closer to convergence as June goes off the board. July hogs were rolling to August. Spreaders were also buying cattle and selling hogs as several spreads moved to new contract widths.
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.
