Rick Kment

DTN Analyst
Rick Kment
Rick Kment is DTN's ethanol and dairy analyst. Rick joined DTN in March 2005. He has more than 15 years of experience in the agribusiness and dairy industries, including five years managing his own farm and nine years working with agricultural producers and agribusinesses throughout the Midwest on animal nutrition and farm management.

Rick graduated from Kansas State University where he received an animal science degree, focusing on animal nutrition and management. After spending several years in the industry he returned to the University of Nebraska to earn an MBA in agribusiness focused on leadership development and agricultural finance and management.

Rick was born and raised in Norfolk, Nebraska. He has lived in several locations in the Midwest. He currently resides in Lincoln, Nebraska, with his wife Jacki and sons Cole and Quinn.

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More From This Author

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    DTN Closing Livestock Comments

    Narrow trading ranges in the livestock markets left the trade with a sense of uncertainty Friday. Traders are expected to mull over USDA reports released late Friday afternoon, although the information is expected to lead to...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Light activity is seen in all markets with traders focusing on potential renewed activity early next week. Prices are mixed with very limited direction seen Friday morning.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Traders took a breather early Friday morning with prices stuck in a narrowly mixed trading range. This allowed for very light trade volume in early morning activity.

  • (DTN file photo)

    DTN Early Word Opening Livestock

    Follow-through support is expected to move into hog futures following sharp triple-digit gains Thursday. The focus across the complex will be on the plethora of backlogged reports to be released Friday, which could create mixed...

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    DTN Closing Livestock Comments

    Renewed hopes for a trade deal with China that could include significant U.S. pork exports boosted hog futures Thursday. Cattle markets remained sluggish with most traders watching from afar most of the session.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Buying quickly moved back into the lean hog complex with nearby futures $2 to $2.70 per cwt higher through the morning. This is helping to spark movement back into the bearish complex.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Triple-digit gains have flooded into lean hog trade. This has rekindled the expectations that China will be in the market to buy additional pork, helping to clear the buildup of stocks on the market.

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    DTN Early Word Opening Livestock

    Sharp losses in hog futures have quickly turned a weak market even more bearish as traders try to find any sign of support. Cattle markets have continued to firm but may remain unstable.

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    DTN Closing Livestock Comments

    Pressure quickly developed again in lean hog trade Wednesday with the April futures contract holding a $3.55-per-cwt loss in expanded trading limits. This further weakened the already bearish market as traders continued to...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    April hog futures are posting sharp triple-digit losses for the second straight trading session. This underlying weakness continues to add concerns of long-term pressure continuing in hog trade.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Follow-through pressure slowly but steadily developed in nearby lean hog trade Wednesday morning. Limited losses continue to be seen in cattle and hog markets as traders seem to be focusing on adjusting positions during early...

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    DTN Early Word Opening Livestock

    Early-week market hog market losses test trader support following technical losses. Continued fundamental pressure is likely to develop through the week.

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    DTN Closing Livestock Comments

    Any sense of market stability last week in hog trade quickly vanished at opening bell Tuesday as aggressive losses quickly flooded the market, leading to limit-lower closes in all spring and summer contracts.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Widespread pressure swept through hog futures Tuesday morning as traders pushed all nearby contracts to limit lows.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Sharp losses flooded into nearby lean hog trade with technical pressure quickly developing Tuesday. Additional liquidation is expected through the morning.

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    DTN Early Word Opening Livestock

    Traders moving back into the complex following the long holiday weekend will add some uncertainty to the market after price shifts late last week.

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    DTN Closing Livestock Comments

    Lean hog futures settled mostly higher Friday as traders adjusted positions before exiting the market for the long weekend. Meanwhile, feeder cattle futures saw sharp losses.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited buying is slowly stepping into live cattle and feeder cattle trade midday Thursday. This is creating additional market support through the entire complex.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Firm gains have quickly developed in hog trade with traders covering short positions following aggressive midweek losses. Limited activity is expected through the rest of the complex, potentially allowing for needed market stability...

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    DTN Early Word Opening Livestock

    Limited pressure may slowly develop through lean hog trade Friday morning as traders focus on fundamental market weakness.

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    DTN Closing Livestock Comments

    Hog futures were under pressure again Thursday, leading to the evaporation of early week gains.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited buying is slowly stepping into live cattle and feeder cattle trade midday Thursday. This is creating additional market support through the entire complex.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Price pressure is seen in all livestock trade with triple digit losses quickly moving into hog futures. This is quickly offsetting previous market support, bringing additional activity to the complex.

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    DTN Early Word Opening Livestock

    Mixed trade is expected to be seen early Valentine's Day as traders look for renewed stability in lean hog trade, while cattle markets struggle to rekindle early-week support.

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    DTN Closing Livestock Comments

    Moderate pressure developed in live cattle trade Wednesday with futures pulling back from recent highs as traders continued to adjust positions.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Moderate price support is moving back into lean hog futures Wednesday morning with summer contracts leading the complex higher. This may add some additional momentum to the recent price shift, which is sparking active market moves.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light to moderate pressure is developing in live cattle trade with traders adjusting to recent strong market gains. The limited volume in the complex is allowing for price erosion to be seen early Wednesday.

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    DTN Early Word Opening Livestock

    Firm underlying support is expected Wednesday morning in lean hog trade. The move off of long-term lows has sparked widespread market support.

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    DTN Closing Livestock Comments

    Aggressive follow-through buying pushed lean hog futures triple digits higher Tuesday, boosting nearby contracts well off recent long-term lows.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Active market movement is seen in lean hog trade with triple-digit gains confirming the market shift seen Monday. This move higher, if confirmed over the next couple of days, could spark widespread buyer interest into the oversold...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light activity is expected to continue through the morning following narrow trading ranges early Tuesday morning. Follow through support is developing in lean hog trade, helping to confirm support seen late Monday.

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    DTN Early Word Opening Livestock

    Limited but firm buyer interest developed in live cattle trade Monday. This moved several contracts to new contract highs, creating expected additional support early Tuesday.

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    DTN Closing Livestock Comments

    Following early weakness Monday, late-day support moved into the hog market, keeping futures from reaching long-term lows. Meanwhile, live cattle futures continued to set new contract highs.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Follow-through pressure is seen in April hog trade with prices breaking through long-term support. This creates additional long-term concerns about upcoming buyer interest. Mixed trade ranges are seen in cattle and hog futures...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Trade volume remains extremely sluggish early Monday morning with prices hovering in a very narrow trading range. This may keep many traders on the sidelines through much of the day as they look for longer-term market direction.

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    DTN Early Word Opening Livestock

    Firm follow-through support is expected to develop through cattle futures early Monday. This support is expected to establish contract highs in nearby contracts once again.

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    DTN Closing Livestock Comments

    Cattle futures saw firm gains Friday based on anticipated cash market support and additional grain market weakness. This could lead to increased support early next week.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Prices continue to quickly erode across lean hog futures as triple-digit losses are seen through summer contracts. Firm gains have quickly moved into cattle trade helping to solidify recent buyer support.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited activity is seen early Friday morning as traders try to adjust following wide market swings through the week and prepare for any surprises in the upcoming USDA reports released late morning. Limited volume is expected in...

  • (DTN file photo)

    DTN Early Word Opening Livestock

    Sharp losses Thursday created additional concerns in the lean hog complex as traders have continued to break through support levels. Cattle markets are expected to be mixed in late-week trade with the focus on potential cash...

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    DTN Closing Livestock Comments

    April lean hog futures saw sharp losses Thursday. The contract broke through support levels, closing below $60 per cwt for the first time in six months.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    April lean hog futures have broken through support levels, as traders have pushed prices below $60 per cwt Thursday morning. This continues to weaken the entire hog complex. Early pressure in cattle trade has eroded following...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Firm losses have continued to develop across the lean hog complex. April futures are once again testing major support levels, with recent pressure backing away from early-week gains based on hog supplies.

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    DTN Early Word Opening Livestock

    Follow-through price pressure is likely to develop in livestock trade as traders enter the market Thursday. Limited volume is expected through most of the session, allowing for unsettled market direction.

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    DTN Closing Livestock Comments

    Trade activity in most livestock markets remained extremely limited Wednesday, with traders looking for any sense of direction. Nearby contracts saw moderate pressure. Outside markets showed limited signs of life, too.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Sluggish market movement seen Wednesday morning is allowing for light pressure to redevelop in cattle trade midday despite early support. Hog futures are mixed in a narrow range, waiting for cash market activity.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited market activity is seen early Wednesday with very light activity developing in the early minutes of trade. Mixed market moves is keeping prices generally stable with little direction coming from outside markets midweek.

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    DTN Early Word Opening Livestock

    Mixed trade expected early Wednesday morning as traders attempt to bring some renewed stability to the livestock complex. Outside market direction is expected to be closely watched through the day by all livestock traders.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Firm morning pressure continues to be seen in lean hog and feeder cattle trade. Traders have ratcheted back a portion of the sharp gains seen Monday, but the tone of the market is firming, with buyer expectations still developing.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light to moderate pressure is developing across livestock futures as traders adjust positions following sharp early-week gains. Limited trade is seen early Tuesday morning as current price shifts limit market direction.

  • (DTN file photo)

    DTN Early Word Opening Livestock

    Increased volatility is likely early Tuesday focusing on early-week gains. A combination of follow-through buying and aggressive market positioning is expected in early-morning trade as traders take advantage of the wild market shifts.

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    DTN Closing Livestock Comments

    Buyer interest went nearly unchecked late Monday, pushing hog and feeder cattle futures triple digits higher. This may allow the market to break away from the bearish tone seen during late January and result in renewed buyer...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Triple-digit gains have quickly swept through livestock futures Monday morning. Lean hog futures have led the complex higher.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited activity is seen as traders trickle back into livestock trade following the Super Bowl weekend. Activity levels through the morning are expected to remain limited as traders look for the next big break to develop.

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    DTN Early Word Opening Livestock

    Limited trade activity is likely most of the morning Monday as traders attempt to build support levels across lean hog futures. Trade volume is expected sluggish through most of the morning.

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    DTN Closing Livestock Comments

    Firm buyer support trickled into live cattle and lean hog futures Friday as traders covered short positions and headed out the door for the weekend. Buying in grain markets added to feeder cattle pressure.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited interest has kept prices mixed in a narrow to moderate range Friday morning. Limited short covering following Thursday's market tumble has allowed for increased buyer interest late morning.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light activity is seen in all livestock trade. This is allowing for some additional market movement within a narrow but mixed range.

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    DTN Early Word Opening Livestock

    Sharp end of the month losses quickly pushed prices lower in all livestock markets Thursday afternoon. This is expected to lead to a combination of follow-through selling and short-covering through the end of the week.

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    DTN Closing Livestock Comments

    Aggressive late-day pressure pushed futures in all livestock markets triple digits lower Thursday. The losses add even more uncertainty to the direction of livestock trade in early February.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Active pressure has continued to develop through all livestock trade with live cattle and lean hog futures posting triple-digit losses Thursday morning.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Narrow trading ranges are seen in all livestock futures early Thursday morning. This is focusing on additional underlying moves across the complex, although end of the month positioning is also taking place in many contracts.

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    DTN Early Word Opening Livestock

    Livestock futures are expected to limp into month end with light volume likely through most of the session. Traders still are placing some attention on weather conditions and how this may impact production levels, but outside...

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    DTN Closing Livestock Comments

    Lack of price movement late Wednesday kept traders unwilling to step back into the market. Prices were mixed, moving in a narrow range.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Extremely sluggish market activity is seen Wednesday as traders continue to focus on cold weather through most of the production areas. This is limiting overall direction of the market, allowing mixed prices in a narrow range.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Activity in the futures trade seems to be subdued midweek with traders paying close attention to the extreme cold weather blanketing much of the Midwest. This is creating challenges in all areas of beef and pork production late...

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    DTN Early Word Opening Livestock

    Limited early-market activity is expected with traders focusing on the impact of the extreme cold weather moving through most of the country that will impact all areas of livestock production.

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    DTN Closing Livestock Comments

    Livestock markets stabilized Tuesday with futures prices mixed to higher across the complex. Follow-through support trickled into live cattle trade, resulting in new contract highs.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Light to moderate support is seen in all most livestock contracts as traders focus on position adjustments and expectations that the bitterly cold weather conditions will affect livestock performance and overall packer plant...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited activity is seen in livestock futures early Tuesday morning with traders focusing on positioning contracts. The extreme cold weather moving through most of the Midwest is creating production and transportation challenges.

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    DTN Early Word Opening Livestock

    Firm gains have moved through feeder cattle futures early in the week with follow-through market shifts expected in early trade. Position squaring is expected to develop later through the morning as initial activity subsides.

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    DTN Closing Livestock Comments

    Strong buyer interest developed in feeder cattle trade Monday, as the market backed away from previous losses last week. This fundamental support also sparked buying in the live cattle market.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Firm initial buying in feeder cattle trade has sparked additional underlying support through the entire cattle market. This is regaining commercial support during late January. Hog futures are mixed in limited trade volume.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Early pressure has developed once again with lean hog futures holding light to moderate losses, while limited support is seen in cattle trade. Traders are closely monitoring outside markets that have responded to the reopening of...

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    DTN Early Word Opening Livestock

    The weak tone seen in lean hog futures is expected to redevelop early in the week, although traders are expected to attempt to cover short positions at some point through the morning. This depends on overall volume moving into...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Increased pressure has swiftly and aggressively moved into lean hog trade with triple-digit losses seen in all nearby contracts. Mixed live cattle futures is focusing on limited market activity Friday.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Trade activity remains light Friday morning. This is sparking additional underlying pressure in hog futures, bringing about triple-digit losses. Live cattle trade remains mixed in a narrow range ahead of weekly cash trade.

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    DTN Early Word Opening Livestock

    Limited activity is expected early Friday morning as traders focus on position-squaring activity as well as adjusting to developing cash market activity at the end of the week.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Continued selling pressure has added more weakness to the lean hog complex with traders unwilling to step into the weak market structure following steady losses through the week. Live cattle futures are searching for stability in...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited activity is expected to be seen through the entire livestock complex. This may add some additional late-week shifts as traders try to adjust from recent market swings.

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    DTN Early Word Opening Livestock

    Follow-through support is expected to move into live cattle trade during early trade Thursday. Initial moves in hog trade is likely to focus on short-covering opportunities as traders attempt to bring stability back to the complex...

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    DTN Closing Livestock Comments

    Livestock trade saw wide swings Wednesday as strong gains in the cattle market and weaker hog trade offset early week market shifts. Volatility is likely to continue.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Sharp losses developed across lean hog trade with traders focusing on limited buyer activity through the entire complex as prices break through support levels.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Renewed pressure has quickly developed in lean hog trade. This is sparking additional weakness through the complex as nearby contracts break through short-term support levels.

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    DTN Early Word Opening Livestock

    Strong pressure in cattle trade Tuesday is expected to bring a mixed bag of follow-through selling and short-covering when markets open Wednesday morning. This may swing prices in a moderate-to-wide range in early activity.

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    DTN Closing Livestock Comments

    Strong pressure developed throughout the cattle trade Tuesday. Hog futures were mixed, following limited trade activity.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Sharp losses have quickly developed across feeder cattle futures Tuesday morning. This pressure is causing all cattle markets to adjust lower through morning trade. Early support in hog trade has eroded through morning trade.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Moderate to sharp losses have quickly developed in cattle futures with initial losses in feeder cattle trade setting the tone for the market softness. This may add even more weakness through the entire complex Tuesday.

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    DTN Early Word Opening Livestock

    Follow-through buyer support is expected to quickly step back into the market following the long holiday weekend. This will likely be met by some position-taking as traders try to adjust longer-term trends through the end of the...

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    DTN Closing Livestock Comments

    Strong end-of-the-week rallies developed in the lean hog trade. This helped to spark some additional underlying support through the entire complex going into the long weekend.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Active buyer support quickly moved into the lean hog complex Friday morning. With spring and summer hog futures posting $2 to $2.70 per cwt gains at midday, limit market gains are still possible.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited market activity is seen through the complex with limited price pressure redeveloping in the cattle complex. Hog markets have posted firm gains through early morning trade Friday.

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    DTN Early Word Opening Livestock

    Market weakness through the end of the week is creating additional market pressure in cattle and hog futures. This could allow for moderate price shifts as traders adjust positions ahead of the long holiday weekend.

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    DTN Closing Livestock Comments

    Sharp losses developed in nearby feeder cattle trade, sparking additional softness through the entire cattle complex. This could lead to additional liquidation through the next couple of weeks.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Pressure quickly developed across all feeder cattle markets as triple-digit losses quickly moved prices below short-term support levels in spot January contracts. This sparked additional weakness through the entire cattle market.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Aggressive pressure is seen through the feeder cattle complex Thursday morning, pushing prices through support levels set in November and sparking additional losses.

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    DTN Early Word Opening Livestock

    Market weakness in lean hog futures is expected to spill over into early Thursday trade. This could add to additional pressure in all livestock markets.

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    DTN Closing Livestock Comments

    The lean hog and feeder cattle markets were under strong pressure most of Wednesday. Some additional weakness resulted from traders focusing on renewed grain market support.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Previous support in lean hog trade has quickly eroded Wednesday morning. The firm losses have started to break through short-term support levels with April contracts moving below January lows through initial morning trade.

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    DTN Early Word Opening Livestock

    Firm support is expected to redevelop early Wednesday morning across nearby contracts. The buyer activity seen Tuesday has sparked underlying commercial support based on short-term demand expectations.

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    DTN Closing Livestock Comments

    Early interest flooded into livestock trade Tuesday, with futures posting sharp gains. Limited buyer activity allowed for prices to pull back from early gains, but most contracts shifted higher.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Strong morning gains have redeveloped in livestock futures with spot live cattle contracts once again setting new contract highs as technical support is redeveloping across the complex.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Firm buyer support is quickly moving into lean hog trade. This is adding increased focus to the entire livestock market as prices bounce off of recent pressure, trying to establish additional longer-term support.

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    DTN Early Word Opening Livestock

    Follow-through weakness is expected to be seen in early trade as longer-term market uncertainty and demand issues continues to add to trader concerns.

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    DTN Closing Livestock Comments

    Moderate-to-firm pressure swept through livestock trade Monday, eroding lean hog and feeder cattle futures. Limited activity may continue through the first half of the week due to sideways trading ranges.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Firm pressure has quickly developed through lean hog futures trade Monday. This is adding even more uncertainty through the entire complex although markets continue to hover in a sideways range.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Livestock futures shift lower Monday morning as selling pressure quickly moved into feeder cattle and lean hog trade. Limited volume is expected through most of the morning as traders try to bring a sense of stability to the...

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    DTN Closing Livestock Comments

    Firming cash cattle trade is starting to develop late Friday with prices $1 to $2 per cwt higher from week ago levels. Limited support developed in cattle futures, while hog markets shifted lower.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Moderate to strong buying in live cattle futures redeveloped Friday morning. This moved spot month contracts to new contract highs, allowing for increased buyer activity through the complex. Hog futures are under pressure with...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Firm gains have redeveloped in nearby live cattle trade. This has moved front month futures to new contract highs, and is sparking follow-through buyer activity through the entire complex.

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    DTN Early Word Opening Livestock

    Limited direction is expected through the end of the week with traders focusing on end of the week positioning and cash market activity rather than any significant market shift.

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    DTN Closing Livestock Comments

    Narrow price shifts developed across the entire livestock market Thursday with traders focusing on cash and meat markets following sharp early week gains.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Light buyer support is returning to the livestock complex despite strong losses seen in other ag commodities. Live cattle futures are leading the livestock complex higher Thursday morning.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited activity is seen through the entire livestock complex Thursday morning. This allows for prices to hold in a narrowly mixed trading range as traders look for additional direction both from the livestock market and outside...

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    DTN Early Word Opening Livestock

    Strong early-week support in cattle trade is expected to redevelop early Tuesday, allowing follow-through buying to develop in live cattle futures. Hog markets are expected mixed due to limited initial trade volume.

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    DTN Closing Livestock Comments

    Lean hogs was the market to watch Wednesday following active support in nearby contracts. Triple-digit gains in February through May contracts sparked additional buyer support.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Active buyer support flooded into nearby lean hog trade with nearby contracts posting triple-digit gains. This helped to bring about increased support through the entire complex as cattle markets are moving higher midday.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Early market corrections are seen through cattle futures. This is limiting overall market support, but the tone still remains firm following early-week gains.

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    DTN Closing Livestock Comments

    Triple-digit gains in nearby live cattle futures sparked active buying activity through the complex. February live cattle contracts broke through resistance levels, setting contract highs Tuesday.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Renewed support has developed through the morning in all cattle trade. This has pushed spot month February live cattle contracts to new contract highs as traders quickly move back into the complex. Limited direction continues in...

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    DTN Early Word Opening Livestock

    Strong early-week support in cattle trade is expected to redevelop early Tuesday, allowing follow-through buying to develop in live cattle futures. Hog markets are expected mixed due to limited initial trade volume.

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    DTN Closing Livestock Comments

    Strong support moved back into cattle futures Monday as traders look for increased market activity to develop following last week's adjustments.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Strong gains have moved into the cattle complex. Traders are quickly trying to offset pressure seen last week.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Narrow losses are seen in cattle markets early Monday. Follow-through pressure after strong triple-digit losses last week has continued to focus on market weakness in feeder and live cattle trade.

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    DTN Early Word Opening Livestock

    Follow-through pressure is likely to develop early Monday morning across live cattle and feeder cattle trade. The underlying pressure that has swept through the complex is adding increased market concern to nearby trade levels.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Continued market pressure is developing in cattle trade. The latest round of losses has pushed feeder cattle contracts below initial support levels, allowing for additional liquidation to develop.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Additional pressure has quickly swept through feeder cattle trade Friday morning as trader continue to liquidate positions built at the end of 2018. Live cattle markets are quickly following the weaker feeder cattle market, adding...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Sharp follow-through pressure has quickly developed in feeder cattle trade Thursday morning. Triple-digit pressure in the feeder cattle market is adding to the weakness seen in live cattle markets.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Moderate buyer support has returned to lean hog trade Thursday morning with firm gains quickly developing in nearby contract months. Limited pressure in cattle trade is subduing trade activity, but creating market stability...

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    DTN Early Word Opening Livestock

    Follow-through buyer support is expected to slowly trickle into lean hog futures trade Thursday morning, focusing on the ability to bring about additional market volume during early January.

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    DTN Closing Livestock Comments

    Lean hog futures saw strong support on the first trading session of 2019. This may bring additional buyer support back into the complex through the rest of the week.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Early support in the grain complex has quickly eroded support in cattle futures trade. Feeder cattle contracts are holding triple-digit losses with increased market softness through the entire cattle complex.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Renewed buyer support has developed in hog trade with increased triple-digit gains flooding through the complex as traders focus on January market shifts. Cattle markets remain much more subdued, with overall lack of direction...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited activity is seen through the morning Monday as trader interest is sluggish ahead of the upcoming holiday break. Mixed markets are seen in cattle and hog trade, with most contracts contained to narrow single-digit moves.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Firm gains have slowly developed early Monday morning as traders prepare for the end of 2018. Nearby live cattle and lean hog contracts are holding moderate support, but the ability to spark any shift in direction is unlikely due...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Live cattle futures are holding onto light to moderate gains following firm buyer support early Friday. Limited volume is seen through all livestock markets, allowing prices to moderate through the end of the session.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Firm follow-through buyer activity is stepping into cattle futures Friday morning. This is expected to help confirm previous market support and build additional momentum heading into the end of 2018.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Traders in live cattle futures have set new contract highs in nearby futures, pushing prices to triple-digit gains Thursday. This support has the potential to spark renewed end-of-year interest through the entire cattle complex.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Active buyer interest moved into nearby live cattle trade Thursday morning this has pushed contracts to contract highs, allowing for spillover support to develop in all markets.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited direction is seen Wednesday morning with prices shifting higher and lower in a narrow to moderate trading range. The overall lack of support will likely keep prices stuck in a sideways range until early January.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Moderate gains have trickled into livestock trade early Wednesday morning. The overall lack of pressure in the complex is allowing for commercial buyer activity to be seen following the Christmas break.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Livestock futures are mixed in limited trade Monday. Markets are nearing closing bell as the holiday-shortened trading day has not only kept many traders out of the market, but is sparking some additional underlying weakness...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Prices are edging lower in limited activity Monday morning as traders prepare for limited trade over the next couple of days. With markets closing early Monday and closed Tuesday for the Christmas Holiday, very little activity is...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Cattle trade is mixed in a narrow range midday Wednesday. Hog futures have posted light to moderate buyer interest through the morning following aggressive market liquidation over the last week. An attempt to stabilize previous...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Buyer support has quickly developed in lean hog trade with short-covering activity the initial move through the morning, although this seems to be gaining additional buyer support as traders try to adjust to previous sharp losses...

  • (DTN file photo)

    DTN Early Word Opening Livestock

    Mixed trade is expected early Wednesday with firm follow-through support expected to develop in cattle trade. Lean hog futures should remain mixed when markets open with a combination of follow-through selling and short-covering...

  • (DTN file photo)

    DTN Closing Livestock Comments

    The entire cattle complex saw strong gains Tuesday, helping to spark additional buyer activity. Hog futures continued to erode lower Tuesday.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Strong market support is redeveloping in cattle futures even though the complex remains lightly traded. Hog futures are still under pressure with front-month February contracts leading the market lower.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Sharp losses have quickly developed across all livestock trade. Strong losses of $2 per cwt or greater in nearby feeder cattle futures is leading the entire complex lower with spillover weakness seen in all adjoining contracts.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Trade Monday morning has turned swiftly lower in all markets as traders retract previous market support and focus on increased market liquidation. Continued strong pressure in outside markets and triple-digit losses in the Dow...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited moves have developed in cattle trade Tuesday morning with the focus on trying to bring some stability to the complex. Firm pressure is redeveloping in hog trade, focusing on additional market weakness.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Moderate to strong support in nearby lean hog prices have pulled the focus away from the lightly traded cattle market that has eroded at midday Friday. Light trade is expected to be seen through the rest of the session.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light activity is seen in cattle trade early Friday morning with mixed prices in a very narrow range. Hog markets on the other hand have posted strong gains as traders are offsetting previous pressure.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Strong feeder cattle gains have focused on the reduction of grain markets Thursday morning. This is allowing for increased overall support across the entire cattle market.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light follow-through buying support has moved back into cattle trade. The pullback in grain markets has allowed for feeder cattle buying to take advantage of the lower production costs due to lower feed market prices. This may...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Firm follow-through buying in nearby live cattle trade has helped to support overall buyer activity in the lightly traded Wednesday session.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Sluggish trade interest is seen early Wednesday morning with very little additional direction developing in all livestock trade. This may keep prices hovering in a narrow trading range through most of the session.

  • (DTN file photo)

    DTN Early Word Opening Livestock

    Limited early activity is expected as traders slowly return to the market following Tuesday's market shift. This is likely to bring a combination of short-covering and spillover buying, keeping prices mixed.

  • (DTN file photo)

    DTN Closing Livestock Comments

    Aggressive buyer support quickly flooded into feeder cattle futures Tuesday, sparking triple-digit gains in all contracts and expanded recent gains off of short-term lows. Follow-through buying developed across the livestock...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Active price movement has quickly developed through the entire complex Tuesday. Sharp triple-digit gains flooded into feeder cattle markets, helping to support the entire cattle complex. Weakness has developed across lean hog...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Limited activity is seen through the entire livestock market with mixed price levels seen in initial trade activity. This may limit widespread moves through most of the morning.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Moderate to strong losses developed early Monday in lean hog trade with the initial weakness sparking some additional pressure through most of the complex. Cattle trade is mixed in limited volume.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light activity continues to spark some additional market volatility through the entire livestock market. Prices are mixed as traders try to sort out outside market direction, combined with fundamental market shifts. Mixed trade...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Prices are mixed midday Friday with traders stepping in and out of the market through the end of the week. Prices may continue to show limited activity, but current price ranges are likely to hold.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Very little trade is seen Friday morning with overall lack of market movement seen through the complex. This could add some price shift through the next couple hours, although the tone of the market remains weak.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Triple-digit losses are seen in nearby lean hog trade midday Thursday. But sellers have eased significantly with February contracts pulling back over $1 per cwt from session lows. Mixed live cattle futures is firming market...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Sharp losses have quickly flooded into all livestock trade with lean hog futures leading the move lower with $2 per cwt losses in nearby trade. This is adding even more uncertainty to the entire complex.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Livestock futures have bounced higher due to very limited market direction Wednesday. Lean hog futures are leading the market higher with triple-digit gains seen in nearby contracts.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Sluggish market activity is seen through the complex. This is helping to bring some stability to prices in what is expected to be a very slow day of trade.

  • (DTN file photo)

    DTN Early Word Opening Livestock

    Trade in livestock markets is expected to be squarely focused on outside market direction following the sharp losses in the stock market Tuesday. Mixed trade is expected with limited volume early in the session.

  • (DTN file photo)

    DTN Closing Livestock Comments

    Moderate to strong support swept back through live cattle futures Tuesday with nearby contracts holding triple-digit gains. This pulled back from market uncertainty Monday as hog futures and outside markets posted price pressure.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Moderate to firm support is seen in live cattle and feeder cattle futures. This has helped to bring additional firmness to the complex despite uncertainty seen in outside markets.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Initial price pressure developed in most livestock trade as traders continue to adjust to the lower market moves seen Monday. Pressure in outside markets early Tuesday is also adding to the overall pressure in lean hog and...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Despite initial market support, lean hog trade quickly turned sharply lower Monday morning. Traders are focusing on the current strength in grain trade and outside markets, which is bringing increased uncertainty to the livestock...

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    The focus on positive trade talks with China over the weekend has helped to spark widespread underlying buying in most markets. This is helping to allow buyer support move back into the market from commercial and noncommercial...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited activity is seen through the livestock complex through most of the morning. Early pressure in hog markets has been offset by end of the month buyer support.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Buyers have quickly moved back into cattle futures early Friday as traders are backing away from previous market losses. The overall lack of support in the hog markets Friday as firm losses are pulling back from aggressive gains...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Wide market swings have developed across all livestock trade Thursday morning. This has sparked increased market activity in both the cattle and hog markets, with cattle futures sharply lower, while strong triple digit gains move...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Lack of follow-through buyer support across the complex has allowed for narrow losses to develop late morning Wednesday. Limited market moves are likely to be seen through the rest of the session due to very light trade volume.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Sluggish market moves are seen through the entire livestock complex with mixed early trade allowing most of the focus to be placed on outside market activity during the initial minutes of trade.

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Limited direction is seen early Tuesday with cattle markets hovering in a narrowly mixed trading range. This is expected to limit additional market movement across the complex through the rest of the session.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Uniform pressure has slowly trickled into all livestock trade early Tuesday morning. The lack of new information from meat markets and current sideways trading ranges which contain hog and cattle futures is keeping volume light...

  • (DTN file photo by Russ Quinn)

    DTN Midday Livestock Comments

    Firm market losses have quickly developed through the hog complex with triple-digit losses seen in all nearby contracts. The softness in hog markets and outside trade has weakened live cattle futures through morning activity.

  • (DTN photo by Nick Scalise)

    DTN Before The Bell-Livestock

    Light activity is seen through the entire livestock market Monday. Increased volume is likely to return to the complex following last week's market holidays and generally sluggish trade activity. This could bring about renewed market...