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Cash Feeders A Little Weaker

MORNING LIVESTOCK FUTURES OUTLOOK

CATTLE COMPLEX

Cash feeders are a little weaker this week, but that isn’t unusual.  There are many areas where pastures are too dry,  there are areas where feeders were put into feedlots a little sooner where they were on wheat this winter and now producers that also grow crops skip sales while planting take preference.

 

eSignal Feeder Cattle OI chart on 4.24.26

 

LEAN HOG COMPLEX

Pork exports were low last week and if they don’t increase over the next couple of months with the increasing hog numbers, pork and hog prices will drop.  The increase in exports so far in 2026 has been very supportive to hogs.

 

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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.

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