Robin Schmahl

The livestock complex closed higher, posting double-digit gains in all contracts except February hogs. Cattle were supported by cash trade while hogs showed technical follow-through.

The livestock complex pushed higher with all categories posting triple-digit gains Thursday. Live cattle traders anticipate higher cash to develop while feeder cattle reacted to lower corn prices. Hogs saw increased technical buying...

The cattle market did what a market many times does when a report has already been factored in with buy-the-rumor, sell-the-fact action. Feeder cattle felt the brunt of the selling. Hogs were in trouble from the start as...

Live cattle held the line with traders hesitant to push the market higher prior to the release of the inventory report. Feeder cattle did not hesitate to post gains due to lower corn. Hogs could not find aggressive buyer...

Cattle had a banner day, with April and later live futures contracts pushing easily to new contract highs. The driver was the upcoming inventory report to be released Tuesday afternoon and the bullishness surrounding it. Hogs...

Feedlots held last week, resulting in steady to $1.00 higher cash. This week will be another test of their resolve due to increasing feed prices. Hogs adjusted to lower cash Friday in the February contract as it needs to move...

Even though cash cattle trade is generally waiting until today, futures just could not hold until cash was actually seen. A few trades steady with last week did not sit well with traders. Hog traders got excited yesterday after...

Most livestock futures contracts were higher with pressure only on nearby live cattle and hogs. Traders are waiting for cash trade but with a bias to the upside. Hogs struggle to find support.

Cattle futures were able to hold well into the close despite the surge in corn prices. There is some optimism for higher cash this week which seems to provide some support. Hogs were under substantial pressure in nearby months...

Live cattle found support from the neutral Cattle on Feed report on Friday and spillover strength from feeder cattle as they pushed higher in response to lower corn prices. Hogs put in a roller coaster day with a strong opening...

Cattle closed higher in all contracts except January feeder cattle. Lower cash had already been factored in and traders were positioning themselves for the Cattle on Feed report. Hogs were higher on strong export sales and...

Livestock futures took the brunt of selling yesterday and not because of spillover from each other. Live cattle declined due to weaker cash. Feeder cattle fell due to further technical selling. Hogs fell due to further cash...

Cattle remained mixed yesterday with later feeder cattle contract finding some support closing with solid gains. Traders look ahead to the Cattle of Feed report. Hogs reverse the gains of the previous day and then some with...

Livestock futures were mixed Tuesday with cattle lower and hogs higher. Cattle still feel the effects of lower cash last week and the possibility of lower cash this week. Hogs moved higher as short covering took place but failed...

The trade was surprised cash cattle traded lower on Friday due to the consensus that it would be no worse than steady. The friendly WASDE report might have had an influence on sales as well as the lower trend of boxed beef...

Cattle could not lift off Thursday, unable to find anything to support futures. Cash cattle trade was nonexistent as both feedlots and packers dug in. Hogs showed further losses in nearby months as spread trading was again...

Livestock did not find much support Wednesday. Cash cattle did not trade, and feeder cattle declined, even though there was little pressure from corn. Hogs took another beating with continued cash and cutout weakness.

Cattle did not accomplish much Tuesday with live cattle futures closing slightly higher while feeder cattle were mixed. Without cash activity and weakness of boxed beef, traders remained neutral. Hogs showed weakness due to elusive...

Optimism returned to the cattle market with traders buying futures more aggressively. Cash held last week, providing confidence to feedlots for more this week. Boxed beef continues to show strength. Hogs pushed higher due to...

The livestock complex did not close last week on a very good note. Cash cattle trade was a bit of a disappointment, leaving traders wondering if this might be the beginning of the end to the higher trend. Hogs were unable to find...

Live cattle futures showed lackluster trading activity Thursday as the prospect for strong cash gains was reduced. Futures traded in a narrow range throughout the day. Feeder cattle declined even though corn prices did not...

Feeder cattle found support from the significant pressure on corn price. Live cattle posted gains as no cash activity took place, increasing the odds of higher cash this week. Hogs were under further pressure as cash is not...

Livestock were under pressure in all contracts except for December 2023 and later hog futures. Pressure stemmed from the weakness in nearly all commodities spilling over with the thoughts of potential demand weakness. Feeder...

The cattle complex was not able to see a strong close to end out the year. However, with higher cash and stronger boxed beef last week, the uptrend should continue. Hogs showed mixed trade with nearby contracts closing lower...

The cattle complex moved higher as there is optimism for continued cash strength. All live cattle contracts pushed to new highs. Feeder cattle held their own. Hogs showed the unwinding of spreads again with February taking the...

Live cattle traders had little interest in moving the market one way or the other even though many anticipate higher cash this week. Feeder cattle held surprisingly well despite strong gains in corn. Hogs followed a similar pattern...

Live cattle struggled Tuesday, closing mixed due to the Cattle on Feed numbers as well as traders waiting for cash. Feeder cattle retreated, impacted by higher corn prices. February hogs exploded higher as spread trading...

Cattle moved higher into the Cattle on Feed report and the extended weekend. Buyers seemed confident to report they would support current prices. Cash traded higher as well on Friday. Hogs were mixed with selling pressure in...

The cattle complex held gains for the most part, seeing light trade take place at steady cash and support from higher cutouts. There was also the anticipation of a friendly Cattle on Feed report. Hogs posted further gains...

Cattle were higher across the board Wednesday with live cattle traders anticipating higher cash due to another day without cash activity. Feeder cattle were able to post gains despite the strength of corn. Hogs again...

Boxed beef was a bit of a disappointment with mixed prices being printed at the end of the day. No direction was seen from the cash market keeping traders cautious about direction through the end of the year. Hog traders could...

Live cattle were able to hold minor gains through the close yesterday with futures trading in a narrow range. Feeder cattle could not find support even though corn prices were lower. Hogs found no direction after the large...

With some cattle trading $1.00 higher on Friday while the rest traded steady, traders supported futures in anticipation of the same this week. Strong boxed beef prices provided support. Hogs virtually exploded with traders buying...

Livestock futures saw further pressure yesterday even though cash cattle traded mixed and boxed beef showed strength. Hogs suffered triple-digit losses despite higher cash, cutouts, and exports sales.

The livestock complex closed in the red across the board. Traders saw no cash cattle traded and no real strength in boxed beef. Feeder cattle could not again benefit from lower corn prices. Hogs closed lower with February taking...

Cattle were able to find buying interest pushing numerous contracts to new highs but could not hold those highs. Boxed beef prices faltered after some strength in the previous few days. Hogs also found buying interest as...

Cattle traded in a rather narrow range but climbed closer to technical resistance. This may cap trade unless cash trades higher. Feeder cattle were able to hold in the face of higher corn prices. Hogs closed mixed, unable to find...

Live cattle made a push higher Friday as the trade decided the December contract held a discount to cash long enough in anticipation of lower cash. However, mixed cash trade required the market to correct. Hogs were the...

Live cattle did not have much to go on Thursday as packers and feedlots continued to hold out, waiting to see who will blink first. The uncertainty did allow futures to drift higher. Hogs were the opposite as weakness permeated...

Live cattle again moved in a narrow trading range uncertain of cash. Limited trade took place below last week's prices, which may keep caution in early futures trading activity. Hogs followed through to the downside but were able...

The livestock complex was under substantial pressure Tuesday with markets unable to find support. The level of ongoing demand is in question. Boxed beef continued to decline. Hogs could not find buying support despite higher cash...

Live cattle traded in a narrow range Monday as traders were uncertain over cash trade this week and whether packers may begin to reduce slaughter. Hogs were in a similar pattern, closing mixed for the day with cutouts taking...

Livestock closed with positive gains in all contracts except for December hogs on Friday. December hog futures have 1 1/2 weeks remaining to trade and will need to hold close to cash. Pork cutouts jumped to end the week. Live...

Livestock futures moved higher with live cattle showing the least gains of the complex. A limited amount of cattle traded at steady money Wednesday, but that has not necessarily set the tone for the week. Feeder cattle reacted...

Livestock could not find any support Monday. The optimism for higher cash was not sufficient to trigger buying interest in cattle futures. Lower corn prices much of the day did not provide support for feeder cattle. Hogs fell...

Traders will be back in full force Monday and likely willing to buy futures. Trading activity last week did not reflect higher cash with the anticipation of gains again this week. Hogs drifted, finding little interest in trading; but...

Even though cash cattle traded higher than expected Wednesday, futures did not reflect it. Higher corn price put pressure on feeder cattle with thinner trade volume leaving traders unable to ignore spillover pressure. Hogs were...

The cattle complex was disappointing due to the Cattle on Feed report showing strength only one day. Cash activity will take place Wednesday to get cattle on the books before Thanksgiving. Hogs floundered Tuesday and closed...

Both live and feeder cattle futures gapped higher on the open and did not retrace, leaving the gap intact. Cattle were higher, but the gains a little disappointing after the bullish Cattle on Feed report. Hogs were moderately...

Cattle were moderately higher at the close Friday ahead of the Cattle on Feed report. Traders remained positive moving into the report even after three days of strong gains. Hogs moved in the opposite direction, feeling the...

Cattle rebounded Thursday with feeder cattle higher due to lower corn prices most of the day. Live cattle were the recipients of some spillover buying as well as cash cattle trading higher in the South. Hogs chopped around most...

Cattle were able to find support once some cash cattle traded and pressure was put on corn prices. Hogs chopped around unable to find solid direction.

Live cattle futures did not have much going for them Tuesday due to no cash trading activity and mixed boxed beef prices. Feeder cattle showed pressure as corn prices moved higher. Hogs gained on higher cash and the hopes of...

Live cattle made a valiant attempt to move higher but closed near the lows even though feeder cattle were higher, and corn was lower. The anticipation of higher cash cattle this week is diminishing. Hogs closed higher, likely on...

Traders did not seem to like the idea of steady cash to close last week. Boxed beef took a hit, increasing some concern over the ability of cash to trade higher this week. Hog futures floundered with spread trading favoring the...

Cattle futures pushed higher mainly on the heels of the weakness of corn and acceptable export sales. Steady cash did not provide the support of higher futures. Hogs were under slight pressure due to lower cash and a poor...

The cattle complex did not perform as was expected. A limited amount of cattle traded at steady prices and lower corn prices were not able to support. Hogs had a difficult time gaining traction as cash was lower along with cutout...

There was not much excitement in live cattle futures Tuesday as traders were waiting for better market direction than just anticipation. Feeder cattle failed to generate buying interest from lower corn. Hogs took back some of...