Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
It is too hard to say if cattle and feeder cattle will move up from current levels. Wednesday’s trade was profit taking. Volume was moderately active.
Nothing has been reported with President Trump and President Xi’s meeting regarding beef or pork and it’s likely nothing will happen. China doesn’t need either meats with too much pork already and trade agreements with other global suppliers for beef.
LEAN HOG COMPLEX
December 2025 lean hogs settled on October 29, 2025 $80.77. Dec 2025 lean hogs are $11.26 under the CME Lean Hog Index.
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