Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Trade volume was moderate Monday. Funds were the active traders finishing rolls and taking profits on long cattle/short hog spreads.
A possible island top is forming on January feeder cattle while March on out had inside day down trading Monday.
PORK COMPLEX
Speculators have now made April 2025 lean hogs the lead speculative month. Trade volume Monday was moderate with traders finishing rolls.
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