Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
LIVE CATTLE COMPLEX
Beef prices have weakened due to increasing imports. The imported lean beef gives consumers what they want, cheaper ground beef.
Last week cash prices were from 218.00 to a few at 223.00 mostly 221.00 dressed prices 343.00 to 345.00.
LEAN HOG COMPLEX
Consumers are buying more poultry but also more eggs, beans and seafood for the consumers living on coastal areas.
With chicken increasing production, chickens are a big negative for hogs. Broiler chicken production is expected to increase in 2026 by 3.4% with slightly heavier chickens. Production is expected at 49.623 billion pounds according to the August 2026 livestock, dairy, and poultry outlook.
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