Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
For week ending April 18, 2026 cattle weights were 1472 down 4 pound from last week and up 38 pounds from a year ago down 5 pounds from last week. Production was down 0.2% compared to the previous week and down -8.6% compared to same period a year ago. Year to date production is down -7.7%
To lower prices, Mexican cattle imports have to have the quarantine lifted and imports of beef have to increase more than they have so far. Last week, year to date beef imports were up 14%.
LEAN HOG COMPLEX
Lean Hog exports were up last week. Exports are expected to gain over 3% this year and with slaughter increasing, it is exactly what is needed.
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