Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Trade volume was light again Monday. The trading range from low to high wasn’t even $1.00. Although cash cattle prices were higher last week, and boxed beef prices continue to move higher, traders are starting out the week hesitant packers will pay higher cash this week falling into the same pattern as a year ago when cattle prices worked lower into December on rising beef prices.
PORK COMPLEX
On light volume trade lean hogs were higher Monday with February 2025 through December 2025 making new contract highs. Continued strong exports are the plus side for the market as more hogs are hitting kill.
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