Robin Schmahl

Cattle futures pushed higher Friday, remaining supported by the increase in cash cattle prices. This was not unexpected as feedlots held out, expecting packers to need cattle. Hogs made a new high Friday before falling back to...

Live cattle stepped back Thursday, even though cash cattle did not trade. Futures already have a gain in the cash cattle price factored in. Hog futures held Thursday with some spread-trading taking place, which put pressure on...

Livestock futures found good support Wednesday with cattle and hogs posting triple-digit gains. The strength of hogs was limited to nearby months, trailing off into losses for the second half of next year.

Live cattle futures closed in positive territory Tuesday, but feeder cattle futures remained under pressure. Feeder cattle may be the anchor limiting upside potential or they will rebound to catch up to live cattle. Hogs found...

Live cattle posted minor gains Monday, but bullish news was sparse after the increase in cattle prices last week. Feeder cattle could not find support, closing with triple-digit losses in later contracts. Hog futures closed mixed...

After cattle futures adjusted higher Thursday in response to the increase in cash prices, futures could not follow through Friday, closing mixed. Hogs exhibited similar trading activity, unable to hold gains and closing mixed with...

Cash cattle traded higher and should support the market Friday. Feedlots succeeded in getting packers to pay more for their cattle. Hogs closed lower but rebounded nicely from the lows earlier Thursday. Traders positioned ahead...

There was not much volatility in the livestock complex Wednesday. Cattle traders are waiting for cash activity and hog traders are looking ahead to the Quarterly Hogs & Pigs report.

Live cattle and hog futures followed a similar pattern Tuesday with front-month October posting a slight decline while the rest of the contracts posted double-digit gains. Feeder cattle showed the opposite with the October...

The livestock complex closed in positive territory across the board Monday. Cattle were higher as technical buying continued with futures regaining 62% of the losses this summer. Hog posted a higher low and higher high on Monday...

Live cattle traders found what they were looking for Friday -- higher cash prices. This pushed October above resistance and extended the gains in all contracts. The Cattle on Feed report was neutral. Hog futures drifted...

Aggressive buying took place in the cattle complex with feedlots holding out in anticipation that the packers will pay more for cattle this week. Hog futures closed mixed with another day of limited price movement.

The live cattle market drifted in a narrow range with futures closing mixed. Feeder cattle followed the lead of the live cattle with traders having little to latch onto. Hogs showed similar activity with contracts trading in a limited...

Traders did not wait for cash cattle to trade and pushed futures higher. The expectations of at least steady cash increased the desire to move futures closer to cash. Hog futures broke out to the upside exceeding Tuesday's...

Cattle futures drifted during the day finally coming to rest with slight losses in live contracts and mixed prices in feeder contracts. Hog futures posted nice gains led by October. Traders showed more optimism over prices this week.

Livestock traders just could not find anything to get excited about on Friday. Live cattle closed mixed while feeder cattle were lower. Hog futures followed a similar pattern with limited fundamental news to move the market.

Cattle futures opened higher and uncovered increasing buying interest throughout Thursday. Traders turned more hopeful of steady cash trade developing through the end of the week. Hog futures struggled most of the day with...

Livestock futures closed higher in nearly all contracts Wednesday. Cattle closed higher after spending some time in negative territory despite fundamental weakness. Hog futures had some unwinding of spreads supporting nearby...

The livestock market was void of excitement with futures closing mixed in all categories Tuesday. There was little traders could hang their hats on for direction. Cash cattle did not trade and hogs could not find the support...

Cattle futures reversed the losses of Friday on Monday, uncovering buying interest when contacts reached the lows. Profit-taking and technical buying were triggered quickly, turning the market higher. Hog futures traded without...

Live cattle futures tried to follow through on Tuesday's strength but were unable to extend the gains Wednesday. Feeder cattle showed further pressure due to disappointing fundamentals. Hog futures showed spread trading as...

Cattle futures showed buying interest pushing some contracts to double-digit gains. The higher boxed beef prices provided some hope for at least steady cash this week. Hog futures continued the trend with new highs as buying...

The higher close in the cattle complex Friday was welcomed but may have been due to positioning ahead of the extended weekend rather than from solid support. The October live cattle contract is now the lead month. Hog futures...

The cattle complex closed lower in all contracts except nearby August. Today is the last trading day for the August contract. Steady to lower cash trade was a disappointment. Hogs were able to defy the weakness of cash to post...

Live cattle spent some time in positive territory but could not hold through Wednesday. Cash activity was pushed off until Thursday, which left traders a bit uneasy. Hog futures posted new highs in December and later contracts...

Traders were aggressive buyers in the livestock futures Tuesday. Cattle continued to correct from being oversold. Some positive technical indicators also supported the buying interest. Hogs also seem to have found some technical...

Cattle traded higher shortly after a lower open and remained that way the rest of the day. The Cattle on Feed report has already been factored in and the market corrected. Hog futures tried to close in positive territory but...

There was little for traders to get excited over in the livestock complex on Wednesday. Cash cattle traded lower, leaving live cattle under slight pressure. Hog futures closed mixed with upside limited due to cash and cutout weakness.

The cattle complex imploded Tuesday as traders lost confidence in the cash market week and selling pressure grew due to breaking support. Hogs succumbed to some spillover selling after futures were unable to continue higher.

The live and feeder cattle contracts diverged Monday, showing little interest from traders to either buy or sell aggressively. The market may remain mixed until direction is seen from cash. Hog futures regained Friday's losses and...

Livestock futures closed under pressure Friday as the cash market did not provide support. Cash cattle traded lower at the levels indicated earlier in the week. Hogs showed lower cash trade with weakness in cutouts.

The optimism seen Wednesday over higher cash trade this week eroded Thursday with some light cattle sales taking place at lower prices. Hogs gained support from both cash and cutouts. Futures moved to the highest close in over...

The livestock complex found support Wednesday, posting mostly triple-digit gains. Traders expect cash cattle to trade no worse than steady with futures adjusting closer to that price. Hog futures showed strong gains with...

Cattle futures were higher Tuesday, holding or extending the gains. However, though futures were higher, traders seemed to lack the conviction for higher cash. Hogs suffered losses in reaction to the previous day's lower cash...

It seems the price rally in livestock Friday was technical with the market back to reality Monday. Traders are uncertain about cash cattle trade this week and may remain that way. Hog futures showed strength in the nearby...

Cattle futures had a strong day Friday, which seemed to result from profit-taking into the weekend. Cash remained lower for the week. Hog futures were mixed with traders seeing little direction to end last week.

The livestock complex found no support Thursday as cash cattle traded in line with prices from earlier in the week. Hog futures were weak out of the gate, leaving chart gaps and a bearish tone.

Traders lacked the confidence to buy aggressively into the cattle market Wednesday. Some light cash trade took place Wednesday, but not enough to provide solid prices. Hog futures were the recipients of selling pressure, unable...

More stability in the financial markets stemmed the tide of selling in the cattle market Tuesday. However, traders were not anxious to jump on the bullish bandwagon. Hogs regained Monday's losses as cash corrected the skewed...

The decline of cattle futures has been brutal as the outside markets impacted the complex. This decline has nearly mirrored the decline seen in March. Hogs have been able to hold better in the storm, but closed lower Monday.

The livestock complex fell Friday with cattle showing the greatest losses. Lower cash continued to pressure the market, resulting in substantial losses in futures. Hog futures were lower and were not the recipients of liquidation.

What traders feared would happen, took place Thursday as cash cattle traded lower. This took support out from under the market, moving futures to the lowest level in two weeks. Hog futures regained more of the losses from...

Feeder cattle futures carved out minor gains while live cattle closed lower Wednesday. The uncertainty of cash trade kept the market under wraps. Hog futures closed higher as buyers remained aggressive in the cash market. The...

Cattle futures were able to post gains to end the session Tuesday. The selling pressure subsided as it seemed technical with traders looking for steady cash this week. Hog futures tried to close higher but could not accomplish...

The livestock complex came under substantial pressure Monday. Futures fell under technical selling pressure and the lack of optimism to begin the week.

Cattle had a quiet session Friday as futures had adjusted to the cash prices. Higher boxed beef prices could add some support to begin this week. Hog futures had an impressive week and maintained gains into the close Friday.

Cattle futures found buying interest Thursday as cash cattle traded $2.00 higher in the South. Feedlots won the victory, holding out until packers had to raise bids to get cattle on the books. Hog futures took a breather as...

Nearby live cattle futures closed slightly higher Wednesday as contracts remained close to cash. The uncertainty of cash trade makes traders cautious. Hog futures had another good day, continuing the trend higher supported by...

The livestock complex showed another strong day Tuesday as optimism was prevalent. There is anticipation for possible better cash trade in cattle this week. Hogs continue to see short-covering as bullish fundamentals continue to...

Cattle futures closed higher Monday with live cattle leading the way and outpacing feeder cattle. Traders felt the Cattle on Feed report provided sufficient support for higher prices. Hog futures extended their recent rally with...

Cattle traders were cautious going into the weekend and the Cattle on Feed report. Beef demand is struggling. Hogs had a good Friday with contracts posting gains through August of 2025. Demand seems to have improved.

Cattle futures took it on the chin Thursday, declining more than $2.00. The pressure came from Northern dressed cattle trading $2.00 lower. Hogs closed mixed, able to maintain the recent gains supported by cash and cutouts.

Live cattle futures were higher as the potential of lower cash for the week dissipated as cattle were traded in the South at steady money. Feeder cattle futures posted moderate gains except for the August contract. Hog...

Cattle futures closed higher Tuesday but the interest seemed to lack conviction and rightly so due to the weakness of boxed beef and the upcoming Cattle on Feed report. Hogs finally had a strong day with nearby months...

Live cattle futures could not find sufficient buying Monday to push the market higher. The feeling is that cash may trade no better than steady this week due to boxed beef indicating slower demand. Hog futures tried to maintain...

Cattle futures were higher Friday despite cash cattle continuing to trade lower. The lower cash had been factored in, leaving little reason for further downside. Hog futures closed mixed with August closing the gap between it and...

Livestock futures finally ended the liquidation phase of the week. However, that does not indicate price support has been achieved. Lower cash cattle have been factored in and hogs were overdone to the downside.

Livestock futures fell Wednesday as selling pressure continued. Cash cattle traded lower, which is now factored into the market. Hogs were unable to find support with new contract lows and spread unwinding.

Losses mounted in the livestock complex Tuesday, adding to the pressure from Monday. Cattle traders became less optimistic over near-term demand. Hog futures are unable to find support as futures continue to pancake lower.