Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Cattle from last week wasn’t as bearish as it seemed. October was lower, but the price change into 2026 was minimal with traders adding to spreads on the long leg into 2026. Volume throughout the week was moderate with active spreading.
Volume in feeder cattle is very light even on the most active days.
PORK COMPLEX
There was very very little change in cash hogs or the cash pork markets over the past week. Lean hog futures were with October futures moving nearer to cash and December into 2026 reacting to a slightly better Hogs and Pigs report.
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