Robin Schmahl

Cattle futures opened higher and moved up on the optimism that the market will remain supported. However, the move by the Trump administration quickly turned the market lower. Hog futures responded positively to the higher cash...

Even though cash traded higher last week with another new record high, the futures did not respond favorably on Friday. In fact, they were lower for the week. Hog futures fared better with limited losses despite struggling...

Cattle futures fell on the open and then regained much of the losses, only to fall back into the close. Contracts posted a wide price swing. Hog futures were not quite as volatile, but managed to close higher in deferred contracts.

Cattle futures closed higher in most contracts, but the gains were muted as traders wait for the cash trade to develop. Hog futures reversed the previous day's gains as any price increases lack fundamental support.

Livestock futures rebounded. Cattle futures recovered some of their recent losses as some of the news circulating about the government looking into the beef industry has now been factored in. Hogs rebounded just on buying due...

The livestock complex was lower across the board on Monday. Traders were searching for something to provide support, but found none. The pressure is unlikely to continue today.

The livestock complex was lower across the board. Cattle futures had higher cash already factored in. After making new highs, some traders took profits ahead of the weekend. Hog futures...

The April futures contract is history, with June live cattle and May feeder cattle now the lead months. Cash trade remained exceptionally strong on Thursday, and any sales today will follow suit. Hog futures eliminated Wednesday's...

The nearby April live cattle contract was the surprise on Wednesday, pushing substantially higher with today being the last day of the contract. The rest of the cattle futures closed mixed. Strong buying interest in hogs surfaced...

Traders set their sights on contract highs in live cattle and achieved it and then some. Feeder cattle were strong, but are still below contract highs. Early cash pushed the market higher. Hogs moved in the other direction with...

Cattle futures were higher and seem intent on regaining the losses of last week. Outside market strength seemed to spill over into futures, adding to the strength of boxed beef on Friday. Hog futures struggled, spending time on...

Cattle futures closed higher on Friday, but closed lower for the week. Lower cash trade took place, but it was not a surprise, as it followed the week's trend. Hogs closed lower with pressure on the 2026 contracts. However...

Cash cattle traded lower on Thursday, with the trend likely to continue today. The minor strength may have been tied to the Ag Secretary's cancellation of her visit to Douglas, Arizona. Hog futures were higher through February...

Cattle futures have shown weakness this week as some liquidation took place due to an overbought market and uncertainty over cash. Hog futures have made a nice rebound over the past two days on short-covering and renewed...

Cattle futures retreated further Tuesday, closing at the lowest level since April 1. Higher consumer prices may be impacting demand. Hogs had a strong day with the nearby contracts gapping higher on the open and not looking back.

Cattle futures did not find support from the Cattle on Feed report in trade Monday, as traders were not convinced it was sufficient to support the market. Hog futures closed mixed as traders were looking for more than just...

Cattle futures showed weakness on Thursday due to a combination of being overbought and traders positioning ahead of the Cattle on Feed report. Hogs closed lower as it has been the path of least resistance.

Cattle futures were unable to extend the gains of Tuesday, with deferred contracts posting greater losses. Traders may have been positioning ahead of the Cattle on Feed report on Friday. Hog futures were again unable to post...

Live cattle futures closed $2.825 higher on the June contract, followed by feeder cattle, which traded $1.55 higher on the May contract. Futures do not appear to be slowing down anytime soon; however, cash has shown signs of...

Live cattle futures closed mixed, while feeder cattle were moderately higher. Traders are uncertain whether prices may have reached a threshold. The JBS strike has been settled. Hog futures...

There seems to be nothing to slow the cattle market. Renewed buying interest pushed live cattle to new contract highs. Hog futures struggled into the close as traders lacked conviction.

Cattle futures did not see much volatility until the final half hour of trade, when futures moved about a $1.00 higher into the close. Hog futures were under pressure for much of the day, except for April, as it moves closer to...

Cattle futures maintained support on Wednesday with feeder cattle outpacing live cattle. However, the bullish attitude for high cash has tempered. Hog futures reversed course and eliminated the...

The cattle market ran out of steam on Tuesday, with profit-taking likely the culprit in an overbought market. After all, it has had an impressive run higher. Hog futures were mixed, with traders weighing potential market strength...

Cattle futures were able to hold onto gains. Live cattle again moved to new contract highs. Hog futures experienced incredible support, with contracts opening higher and never looking back, closing above technical resistance. Boxed...

Cattle futures closed higher on Thursday, and rightly so, with cash cattle trading substantially higher later in the day. Packers had to step up and pay more for cattle. Hog futures struggled to find footing and ended the day in...

Livestock futures were higher across the board. The June and August live cattle futures pushed to new contract highs. The potential easing of fuel prices seemed to impact the market positively. Hog futures were moderately...

Cattle futures extended gains, pushing substantially higher Tuesday. The June and August live cattle contracts closed the chart gaps and are knocking on the door of the contract highs. Hogs succumbed to selling pressure as...

Live cattle futures extended gains with the June and August contracts closing above technical resistance Monday. The next target will be closing the chart gaps and contract highs. Hog futures closed slightly higher, holding recent...

Livestock futures were higher, making an impressive end to last week. Cash cattle traded steady, with slaughter holding a slow pace. Traders found something in the hog market to trigger buying interest, resulting in futures...

Livestock futures were higher as traders found little reason to be bearish during the day. However, the final print of boxed beef and pork cutouts was not supportive and may influence the markets today.

Cattle futures tried to add to Tuesday's prices but ran out of steam with the substantial drop in the choice boxed beef price. Hogs were mixed as contracts flirted with the support level, with traders not yet feeling comfortable...

Cattle futures were higher, but traders lacked conviction. There is uncertainty over cash trade for the week as packers have some cattle on the books for delivery. Hog futures closed mixed as traders could not find solid...

Traders digested the Cattle on Feed report and moved forward without fanfare. Cattle supplies remain tight, and the report does not change that. Hog futures tried to post gains, but aggressive buying was short-lived.

Cattle futures closed higher, likely as a result of cash cattle trading at even money with the previous week and the expectation for a neutral Cattle on Feed report. Hog futures followed through on the weakness from Thursday...

The livestock complex took a beating with feeder cattle taking the brunt of it. Hogs fell more than $2.00 in the summer months as liquidation again took place.

Cattle futures were mixed, with live cattle slightly higher while feeder cattle declined. Traders may have moved to a wait-and-see attitude as the movement of cash is contemplated. Hog futures were mixed with little for traders to...

Cattle futures continue to show strength on Tuesday, led by feeder cattle. This and continued strength in boxed beef prices have led to the change in the expectation for cash trade this week. Hog futures rejected the lows on...

Cattle futures seemed to have the strike at the JBS plant factored in and decided to buy the fact. Futures are lower than cash and boxed beef remains strong. Hog futures showed limited volatility, but found buying interest...

Traders positioned themselves ahead of the weekend with cattle futures posting moderate losses. Hog futures were lower on the third day of liquidation.

Cattle futures made a valiant effort to regain the losses, but the buying interest was not sufficient to accomplish the task. Lower cash cattle trade and the upcoming strike kept gains limited. Hogs opened lower and remained...

The handwriting is on the wall as some light cash cattle trading activity took place, ranging from $5.00 to $8.00 lower. This sets the stage for the rest of the week and will keep pressure on the market. Hog suffered losses with...

Cattle futures were higher on Tuesday as traders digested the bearishness of the lower cash trade last week and the potential for the JBS strike to take place next week. Hog futures rebounded and took back the losses of...

Cattle futures plummeted for a second day, with contracts gaping lower on the open on the news that the JBS plant strike is set to take place. Hog futures closed lower but recovered from...

The decline in cash cattle trade on Friday pressured futures. Substantial losses were seen as traders fear that even lower prices could materialize in the near term. Hog futures were supported as packers were aggressive in...

Live cattle were able to find some strength while feeder cattle backed away from the strength on Wednesday. Traders are uncertain of the direction of cash. Hog contracts through July took back what they gained, while later...

Cattle futures exploded on Wednesday with live cattle contracts gaping higher on the open and never looking back. Futures recovered most of last week's losses in live cattle, with feeder cattle making a valiant effort to do the...

Cattle futures again rejected the lower opening to move back and close higher in live cattle and mixed in feeder cattle. Market uncertainty will keep volatility alive and well. Hog futures were mixed with the uptrend holding, but...

Cattle futures ceased their liquidation and closed higher. The market may have been overdone to the downside as boxed beef prices are climbing, and futures hold a discount to cash. Hogs closed mixed with uncertainty over the...

Cattle continued the liquidation, which is influenced by lower cash trade and market uncertainty. Hog futures were mixed, with some light positioning ahead of the end of the month.

Cattle futures did not find good news Thursday. Export sales were not something to get excited about and light cash cattle sales took place at lower prices than last week. Hog futures were mixed with nearby contracts lower and...

Cattle futures showed slight gains, having difficulty uncovering strong buying interest. Uncertainty clouded the market, leaving traders cautious. Hog futures posted a strong day, with nearby April leading the way with December and...

Cattle futures did not show strength in reaction to the Cattle on Feed report but were under pressure from the uncertainty of the potential strike at the JBS Greeley plant. Hogs worked higher without fanfare, continuing to...

Traders were uncertain over the cash cattle trade and the Cattle on Feed report. This resulted in futures closing lower on Friday. Hogs posted limited gains as buying interest seems to outweigh the choppiness of cash and cutouts.

Live cattle futures were mixed with traders anticipating higher cash trade but were not willing to support deferred contracts, as continued strong beef demand is uncertain. Hog futures continue to regain the losses of last week...

Cattle traders decided to let the market float on Wednesday, waiting to see further indications of stronger cash or continued strong beef demand. Hog futures gained, with December and later contracts posting triple-digit gains...

Livestock futures found renewed buying interest after the extended weekend. Cattle moved higher to move closer to the cash price. Hogs ran out of liquidation interest with futures low enough for traders to buy back into the...

With higher cash cattle trading and coming off a three-day weekend, traders are likely to be aggressive buyers of cattle futures. Hog futures may find support after the weakness of last week, as liquidation might have run its...

Live cattle futures were able to close near the middle of the trading range for the day on Thursday. Without any cash trade taking place, traders felt they have higher cash factored in. Selling pressure increased in hog futures...

Cattle futures found good buying interest on Wednesday, but it was not enough to move prices above the recent trading range. However, it does increase the potential for higher cash. Hogs did not run out of liquidation pressure...

Cattle and hog futures could not find a solid footing on Tuesday as prices drifted lower. Cattle traders are waiting for cash direction. Hog traders have liquidated to relieve the overbought position and the uncertainty of cash.