Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
China have put a 55% tariff on beef. It won’t do much to stop US beef imports as Chinese buyers have bought limited imports of US beef.
LEAN HOG COMPLEX
In 2026 look for heavier hogs. More hogs will also lower prices unless exports increase and with global competition and increasing hog production in Mexico, an increase in exports is likely not going to happen. Packers will need to increase chain speed.
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