Rick Kment

Limited activity developed in all livestock trade Wednesday with very little market direction seen. Cattle markets were contained to narrow market moves as traders tried to establish short- and long-term direction.

Trade remains mixed in all livestock markets with very little activity seen through the morning. Sluggish market moves are expected through the end of the session.

Limited pressure in light trade is eroding live cattle futures early Wednesday morning. This may add some additional market softness as the session continues, but losses seem to be well contained following recent market surges...

Limited activity is expected early Wednesday morning with traders looking for additional longer-term direction and the potential to bring additional support to hog futures.

Strong support exploded in nearby lean hog futures early Tuesday morning with October futures sparking additional underlying support in all lean hog contracts. Cattle futures were under limited pressure as traders continue to...

Aggressive market support has quickly developed in front-month lean hog futures, drawing attention away from cattle markets Tuesday morning.

Aggressive market support continues to develop across the complex in lean hog trade. This is helping bring increased momentum through the entire market.

Limited activity is expected to be seen early Tuesday, with mixed market activity developing as traders focus on market fundamentals and outside market direction.

Following the sharp market rally seen Friday, trade Monday seemed generally sluggish with prices mixed through the complex. Cattle markets are mixed to mostly higher, but any sense of support limited buyer support and minimized any...

Sluggish market activity is seen early in the complex with active pressure in lean hog futures easing slightly as the morning continues. Mixed trade looks for increased buyer support early in the week.

Traders in the cattle complex are pulling back from triple-digit gains seen late last week. This focus is expected to be position taking at this point given the limited volume and wide market swings in the complex. Market stability...

Mixed trade is expected to develop Monday morning as the sharp gains in cattle markets Friday will spark some additional market movements.

The livestock futures followed a strong, early rally in live cattle contracts on Friday. October live cattle futures posted limit gains as traders broke out of the sideways trading pattern.

Triple-digit buying has quickly moved into all cattle markets following front-month October futures bursting above $112 per cwt through morning activity. This has sparked widespread buyer support through all cattle markets.

Light to moderate support is seen in the cattle complex. This is helping to spark some additional underlying support through the entire complex. Hog futures remain mixed in limited early morning activity Friday. This could help to...

Limited direction is expected early Friday morning as most traders will focus their attention elsewhere. The impact of Hurricane Florence will likely have a huge impact on all markets through the end of the week.

Livestock futures bounced back from early lows, but a lack of trade interest combined with aggressive gains at midday has led to uncertainty through the market. Continued outside market pressure is adding to the uncertainty.

Buyer support has attempted to trickle into early losses across livestock futures. This is keeping prices mixed in a narrow to moderate range. Trade volume is expected to remain sluggish through the remainder of the session.

Early pressure quickly developed in livestock futures with traders looking for increased overall stability following aggressive midweek gains. Moderate losses appear to be holding with losses seen through the entire cattle and hog...

Early follow-through buyer support is expected Thursday morning. This is likely to spark some additional underlying activity through the entire complex. But the recent gains may allow for widespread volatility through the end of the...

Strong gains quickly developed in all livestock trade with cattle and hog futures holding triple-digit gains in nearby contract months. This is helping to calm some fears that additional weakness may trickle through the market in the...

Aggressive support has quickly moved into all livestock markets with triple-digit gains holding in nearby cattle and hog futures. There continues to be additional buyer support moving into the market following additional corn market...

Sluggish activity is seen in all livestock markets early Wednesday morning. Traders seem to be focusing more on potential outside market shifts midday than any directional market moves in cattle on hog markets. Mixed trade is seen...

Light to moderate pressure is expected early Wednesday, despite limited volume may keep trade mixed in a narrow to moderate range. Most of the focus Wednesday will be shifted to the grain complex as traders look toward the USDA...

Light-to-moderate pressure was seen in all livestock trade Tuesday as traders remain unable or unwilling to step back into the complex. Limited new information left traders focused on sluggish market activity and further price...

Markets remain soft early Tuesday, although very little additional market direction is expected to be seen through the rest of the session.

Limited trade is seen through the complex Tuesday morning with light to moderate price pressure developing cattle and hog futures. Markets remain in a sideways trading pattern, with no indication of breaking out of this range.

Narrow trading ranges are expected to once again develop early Tuesday morning in all livestock markets. This could keep traders on the sidelines looking for additional outside market direction through much of the morning.

Firm pressure swept through most lean hog futures in the late minutes of trade Monday. Limited trade volume has increased concern that additional volatility may quickly develop.

Light activity is seen through the entire complex. This is leaving very little long-term direction in the market Monday as traders look for fundamental market moves.

Trading ranges remain mixed in all livestock trade early Monday morning. This is adding to the recent market shifts seen late last week and is expected to bring about increased trade volume later Monday.

Limited hog market support late last week is likely to allow limited trade in futures early on Monday. Traders are expected to remain on the sidelines in all markets during early trade.

Moderate-to-strong buyer support in the cattle trade late Friday helped to offset the lack of direction seen through most of the holiday-shortened week. Hog markets closed mixed after posting firm losses most of the session.

Moderate pressure is seen in lean hog futures trade as traders have quickly backed away from previous gains. Firm interest is trickling into cattle trade, posting solid gains late Friday.

Narrow trading ranges have once again developed early Friday. This may keep markets stable through the end of the week.

Traders continue to focus on limit gains in front-month October lean hog futures Thursday as end-of-the-week buying is expected to continue. The overall support through the hog market continues to spark some return interest...

Aggressive buyer support quickly swept into the lean hog complex Thursday, pushing front-month October futures $3 per hundredweight higher. The focus on potential global demand helped spark buyers' interest, but aggressive gains...

Buyer support has returned to nearby lean hog futures with triple-digit gains seen in October and December contracts. The focus on increased cash hog prices is helping to solidify trader confidence.

Narrow trading ranges have been seen in cattle markets with live cattle markets showing very little direction. Hog futures are firmly higher based on strong follow-through buying.

Prices remained choppy through most of the midweek session. Mixed trade was seen in most contracts as traders try to adjust markets following previous market shifts last week and Tuesday.

Follow-through support has quickly moved into nearby lean hog futures with the strongest support developing in front-month October contracts. Live cattle markets remain unwilling to shift higher following early-morning pressure...

Traders are slowly backing away from the strong early-week support seen in markets Tuesday. Limited trade is seen early Wednesday, which is holding narrow price pressure in all markets.

Strong triple-digit gains have quickly moved into livestock trade Tuesday morning. Traders who took protection late last week have moved back into the complex with triple-digit gains holding at midday.

Limited market activity is seen through the livestock markets with cattle futures mixed in a narrow to moderate range. Early-week support has trickled into lean hog futures, but buyer depth is still uncertain.

Sharp price shifts have quickly developed Friday due to limited activity and traders squaring positions at the end of August. Markets will remain closed until Tuesday due to the Labor Day holiday on Monday.

Light to moderate buyer interest slowly moved into live cattle and feeder cattle futures trade Thursday morning. This helped to spark some additional underlying activity during late-week trade.

Light buyer support is slowly stepping back into the complex. There is growing interest through the end of the week as traders look for cash interest developing through the complex.

Cattle futures have turned lower once again as follow through weakness has offset any initial support moving into the complex. Hog futures are mixed after early buyer support has tried to create market stability.

Traders have quickly moved away from the wide price swings seen early in the week with markets mixed in a narrow trading range during early midweek trade. This could help to draw additional commercial support to the entire complex...

Triple-digit losses have quickly developed in most livestock contracts Tuesday morning. Traders are quickly readjusting market positions following the overall lack of follow-through support seen in cattle and hog trade Tuesday.

Narrow trading ranges have slowly trickled into livestock trade with mixed lean hog futures and narrow losses seen in cattle markets. The limited volume is keeping most traders on the sidelines.

December lean hog futures are locked in limit gains of $3 per cwt as traders quickly rebounded from pressure that developed late last week. The increased volatility seen in the last week is expected to keep markets moving in a...

Strong triple-digit gains have exploded in nearby lean hog futures. The renewed support seen Monday could help to spark additional commercial and investment trade back into the complex. This could lead to limit gains through...

Sharp triple-digit losses have quickly developed in all cattle trade. The overall lack of support comes after very limited activity through most of the morning and general market uncertainty during the week.

Early livestock trade remains directionless with prices mixed in a narrow to moderate range. This has limited overall direction in cattle and hog futures as traders appear to be allowing markets to coast into the weekend break.

Moderate losses have developed in most livestock futures Thursday morning as traders react to the sharp triple-digit losses seen midweek. The inability for buyers to break back into the market is adding to the overall market...

Moderate weakness has developed across the livestock complex Thursday morning. This is adding even more weakness to the complex with traders looking for additional uncertainty through the entire complex.

Limited activity Wednesday through the entire complex. This may add some additional uncertainty through the end of the week. Trade is focused on the ability to spark additional buying in lean hog markets through the end of the week.

Active pressure has continued through all livestock futures. Even though cattle and hog futures are holding triple-digit losses, limited trade volume is likely to be seen through the end of the session.

Livestock futures have stabilized Tuesday morning following early-week pressure. The ability to bring limited buying support back to the complex is helping keep prices firm.

Limited activity was seen through the entire complex. This may add some additional uncertainty to the through the end of the week. Trade focus is expected to remain on the ability to spark additional buyer activity in lean hog...

Livestock futures have stabilized Tuesday morning following early-week pressure. The ability to bring limited buying support back to the complex is helping keep prices firm.

Narrow trading ranges are seen in all livestock markets early in the session Tuesday. This may add some additional uncertainty through the morning following market positioning seen on Monday.

Pressure has redeveloped across the lean hog complex as traders have focused on squaring positions following the aggressive shift higher over the last week.

Early pressure is seen in cattle trade Monday morning. The focus has moved to limited position taking following strong triple-digit gains seen late last week. Limited volume is expected through most of the morning.

Despite limited trade seen in all livestock markets Friday, moderate to firm gains have held across lean hog trade with the focus on extending previous support is carried into the weekend.

Moderate to strong support is seen early Friday in all livestock trade. This is helping to solidify the moves higher seen through the last couple of days and likely spark additional buyer interest before the session ends.

Nearby lean hog futures have posted $3 per cwt gains, which has hit the daily trading limit. The focus on the potential for announced talks with China improving the trade situation has sparked widespread buying.

Active buyer support has quickly flooded into the lean hog complex with nearby contracts surging above $2 per cwt. The focus on potential trade talks between the U.S. and China has helped to rekindle a bullish market tone.

Narrow trading ranges have held in most livestock contracts Tuesday morning. This may keep market interest sluggish through most of the session.

Moderate to firm gains have moved back into live cattle and feeder cattle trade. This is helping some buyer activity move back into all markets, as traders look at potential late-year support through the entire complex.

Narrow trading ranges have held in most livestock contracts Tuesday morning. This may keep market interest sluggish through most of the session.

Trade activity remains sluggish with very limited activity expected to be seen through most of the morning. The strong pressure in cattle trade Monday is bringing a sense of short-covering to the complex despite a still-weak...

Firm losses have quickly developed through cattle trade with growing concern that follow-through pressure may continue to develop across the complex. Hog markets remain firm, but have backed away from early gains.

Early market swings have been moderated through the Friday trading session due to limited volume redeveloping across the complex. This is keeping prices in a narrow to moderate range in cattle and hog futures.

Sharp gains have redeveloped across the lean hog complex Friday morning with increased support quickly moving through the complex. Cattle futures, on the other hand, have continued to erode as traders test short-term support...

Strong market losses have quickly swept through cattle trade Thursday, while lean hog futures are nearing limit gains. The volatility through the entire livestock market is likely to spark additional late-week market swings.

Light activity is seen through the entire livestock complex early Thursday morning. This is adding to overall market uncertainty given the back-and-forth shifts seen during the week.

Following sharp losses early in the session, feeder cattle reversed the course through the session Wednesday. This pushed markets firmly higher, as traders tried to bounce back from sharp earlier losses over the last couple of...

The early losses seen across the feeder cattle have quickly eroded with prices mixed in a narrow to moderate range at midday. This has done very little to bring additional buyer activity back into the live cattle complex.

Triple-digit losses swept through feeder cattle trade once again Wednesday morning. The overall lack of support continues to add widespread concerns in all livestock trade.

Sharp losses swept through the feeder cattle complex Tuesday, as selling pressure broke through nearby support levels and pushed nearby contracts below $150 per hundredweight. This weakened any support developing in live cattle...

Sharp losses have flooded into the feeder cattle complex Tuesday morning. This has added even more pressure to the entire cattle market with triple-digit losses seen in most live cattle and feeder cattle trade at midday.

Livestock trade opened mixed in a narrow trading range in cattle and hog futures. Traders are trying to assess the depth and intensity of losses seen Monday, although overall volume remains sluggish during early trade on Tuesday.

Light to moderate pressure is seen through the cattle complex as traders slowly back away from sharp triple-digit gains seen late last week.

Strong follow-through buyer support is quickly moving into the hog complex Monday morning. This is adding to the potential to bounce off of long-term lows, and establish buyer support through the complex.

Widespread market support is seen through the complex with traders looking for additional stability. Triple-digit gains swept through the complex Friday morning, bringing renewed optimism to all markets.

Limited activity is seen early Friday morning with traders focusing on end of the week positioning and the opportunity to help to spark some additional stability in both cattle and hog markets.

Active pressure has developed in livestock trade Thursday with aggressive triple-digit losses seen in feeder cattle and lean hog markets. The inability to bring buyers to the market may further weaken the entire livestock complex.

Follow-through pressure has continued to quickly develop through the lean hog complex Thursday morning. This is adding even more weakness through the complex as traders look for any sign of market stability.

Mixed price levels are developing in live cattle and lean hog futures as traders try to slowly but steadily move away from the sharp end-of-month losses that have developed across the complex.

Volume has remained extremely light early Wednesday morning in the cattle complex. This overall lack of direction continues to add some uncertainty to the market with traders looking for additional market direction during early August.

Livestock futures have been heavily influenced Tuesday morning by sharp gains in the grain complex through the morning. This has pushed feeder cattle and lean hog prices to triple-digit losses based on increased production costs.

Follow-through pressure is seen in cattle markets early Tuesday morning although the entire complex remains mixed to mostly lower. Limited trade activity has been seen just after opening bell, which may keep many traders on the...

Moderate to firm market pressure is seen in livestock trade as initial buyer support quickly eroded when increased volume stepped into the market. The generally weak tone of the complex and strong gains in grain trade has...

Prices have moved steadily higher early Monday morning although there remains a sense of caution across the complex following pressure last week. There may be some additional moderate market adjustments over the next few hours...

Narrow to moderate gains have slowly developed late Friday morning due to short-covering activity shifting through the complex. Hog markets remain extremely weak, although prices have moved off of session lows due to fading...

Limited interest is seen Friday with traders trying to find short term support following the sharp triple digit losses over the past day. Trade remains extremely light which may add to the market pressure as traders try to...

Sharp triple-digit losses have flooded into the cattle market midday following early morning support that was unable to hold. The concern that additional market pressure may quickly develop through the end of the session is...

The ability to hold strong market gains in nearby lean hog futures helped solidify expectations that additional buying may move into the complex late in the week.

Light to moderate pressure quickly developed in feeder cattle trade as initial buyer support wore thin. This has eroded support in most live cattle futures, despite the mixed trading range.

Little to no market direction is seen early Wednesday in cattle futures where prices are narrowly mixed. The lack of additional market moves may keep trade sluggish through most of the morning.

Strong, triple-digit gains in lean hog futures through the morning eroded with limited market direction through the complex. This could allow for additional pressure later in the week.

Limited buyer support remains following strong triple-digit gains in hog futures. Cattle futures are eroding through the session as traders continue to back away from recent market highs seen last week.

Moderate to strong buyer support is moving into the hog complex early Tuesday. This is helping to create some underlying support on which traders may be able to build on through the remainder of July.

Aggressive buyer support has quickly moved into lean hog trade with most contracts holding triple-digit support. Cattle markets remain lightly traded although gains have trickled into the complex through the morning.

Limited activity has slowly developed into livestock futures with nearby lean hog futures posting some light to moderate support based on short-covering interest seen due to the still weak market tone in the entire hog complex...

Lower prices have developed in cattle and hog markets Friday morning. Traders are preparing for the upcoming cattle on feed report Friday afternoon, which is limiting support in cattle trade. Hog markets remain extremely weak...

Firm pressure is seen across the livestock markets with the most aggressive losses seen in lean hog and feeder cattle trade. This may add increased pressure late Friday in all markets.

Little market direction has developed at midday as early short covering in lean hog futures has run its course. Cattle and hog futures remain mixed in a narrow range, limiting additional market developments through the rest of the...

Buyer support has moved into lean hog futures during the early minutes of trade Thursday. This is based more on short covering potential rather than a change in market situations, and could continue to lead to market unrest in...

Sharp buyer support has quickly developed early Wednesday morning. This has helped to bring about even more buyer support through the entire cattle complex. Lean hog trade remains under light to moderate pressure, following the...

Moderate to strong support is developing across the live cattle complex. This is helping to solidify all cattle contracts early in the session, but may spark some additional underlying support through the entire complex.

Moderate to strong pressure is seen in hog markets early Tuesday. This lack of support has eroded any initial gains in cattle trade, and allowed feeder cattle to post moderate to strong losses based partially on strength in grain...

Traders seem to be taking a step back early Tuesday morning in order to assess the strong market shifts seen Monday.

The overall support in cattle markets has taken the entire complex by surprise as live cattle futures have moved from sluggishly traded to strong triple-digit gains during late-morning activity.

Livestock futures are mostly higher early Monday morning as limited buyer activity has slowly but steadily stepped into several contracts. The lack of direction early in the week is evident due to narrowly mixed trading range in...

Light to moderate pressure is developing in live cattle and feeder cattle futures. This is creating some longer-term uncertainty if firm buying will return to the complex next week.

Light activity is seen in livestock markets early Friday morning with light to moderate gains redeveloping in lean hog and feeder cattle trade. There is increased focus on the direction of cash cattle markets, which is influencing...

Buyer support quickly developed Thursdays with traders in live cattle and lean hog futures pushing prices to triple-digit gains. This may spark some end of the week support through the entire complex.

Strong gains have quickly developed in cattle and hog futures during initial trade Thursday. This move has more to do with traders adjusting to recent market losses, as they square positions.

Pressure in most commodity markets Wednesday following the announcement of additional tariffs on $200 billion worth of Chinese products left livestock futures searching for support. This pushed livestock markets sharply lower as...

Pressure in most commodity markets Wednesday has brought renewed uncertainty and concern to the cattle complex Tuesday. This has pushed live cattle and feeder cattle futures to triple-digit losses.

Despite stability trying to establish in hog trade, the cattle market remains defensive, as triple-digit losses have quickly been seen through the entire complex.

Late-day pressure led lean hog contracts to close sharply lower with the August contract settling limit lower. Cattle markets were able to hold onto some buyer support, although hog market pressure is bleeding over to live cattle...

Market structures are firming midday Tuesday with buyers stepping back into the live cattle and feeder cattle markets. This may add some additional support back into the complex.

Triple-digit losses have redeveloped in lean hog trade Tuesday. This is creating additional liquidation as traders continue to focus not only on movement in pork values, but the overall shift in grain and feed prices.

Early pressure is seen in the livestock market as initial concern about follow-through pressure develops as increased trade moves back into the complex.

Livestock markets remain sluggish in a mixed trading range as trader involvement seems to remain extremely limited and outside market factors continue to be closely watched by all traders.

Light to moderate gains have moved into the cattle market Thursday morning based on limited overall volume returning to the complex following the Wednesday holiday. This could keep markets sluggish through the end of the session...

Despite limited trade activity, cattle markets have bounced slightly higher with very little additional support expected to be seen across the complex. This may add some additional price shifts through the morning in both cattle and...

Limited activity is seen across the livestock complex with mixed prices developing. Markets will close early ahead of Wednesday's Independence Day HOLIDAY that will keep markets untraded until early Thursday morning. Many traders...

Holiday trading activity seems to have shifted through the entire complex early Monday with markets closed Wednesday likely to keep overall activity sluggish through most of the week. Mixed trade is seen across cattle and hog...

Limited market activity has left cattle markets with very little reason to spark additional wide-ranging market moves late in the week. Narrow moves in cattle trade is being offset by strong pressure in the hog complex.

Firm pressure is seen in most livestock markets early Friday morning with hog trade leading the complex lower with concerns of slipping demand over the next several months. Cash cattle trade remains undeveloped, leaving futures...