Robin Schmahl

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Cattle futures did not react negatively to the signing of the agreement with Argentina, making it possible for more beef imports into the U.S. This was just a formality of what had been proposed earlier. Hog futures diverged with...

Cattle futures fell back substantially from their highs when the news broke that President Trump was to lower tariffs on beef from Argentina to boost imports. Futures held some gains due to higher cash. Hog futures close mixed...

Cattle futures were under pressure due to the continued rage engulfing the JBS plant in Greeley. Workers voted to authorize a strike if JBS does not return to the negotiating table. Hog futures were mixed with uncertainty of...

Cattle futures may have more than factored in the higher cash trade for the week. The optimism for higher prices is there. Hog futures took a slight breather after the recent surge. Significantly lower pork cutouts may put...

Livestock futures found solid support on Tuesday. Cattle have the potential to move to close the chart gaps that have remained open since mid-October. Hogs continue to establish new highs in all but the February contract...

Cattle futures were off to the races on Monday with contracts pushing through resistance. Higher cash last week and the prospect for higher cash this week is keeping buying active. Hog futures pushed to new contract highs in...

Livestock futures drifted lower into the weekend. Traders were not sure of the cash trade by the close of the market, nor what the Cattle Inventory report was to show. Hog traders could not find anything solid to stimulate...

Early strength ran its course with cattle futures turning lower. The potential for a higher trend to continue was put on hold until cash cattle trade provides direction. Hog futures were able to post a modest close despite the...

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status...

It may take cash trade to move cattle futures above the trading range. It needs more support to turn the trend higher. Hogs continue to work higher as the optimism over pork prices continue.

Traders continue to support the livestock complex with optimism building over demand moving forward. Hog futures continue to make new contract highs on a nearly daily basis. Higher cash trade may continue.

Live cattle showed strength on Friday, leading the gains, while feeder cattle held back. Cash cattle traded higher, providing the support. Hog futures were mixed with the nearby contracts lower, attributed to some profit-taking...

Cattle futures could not find traction on Thursday, closing mixed. Cash cattle did not trade, and traders are looking ahead to the Cattle on Feed report. Hogs continue to find support despite lower cash.

Cattle futures are attempting to recover from the losses incurred on Friday. However, traders remain cautious and may remain that way until cash trades. Hog futures continue to find support as traders see promise for higher...

Live cattle futures had trouble picking a direction on Tuesday's trade back from the holiday weekend, closing higher after trading on both sides of the market. Feeders followed suit despite lower index numbers to start the week.

Cattle futures took it on the chin ahead of the extended weekend with a rumor of the New World screwworm (NWS) in the U.S. floating around. Traders were not willing to remain exposed just in case. Hog futures posted minor gains...

Wednesday, cattle futures did not hold the breakout from Tuesday and closed lower despite optimism for a higher cash cattle trade. Hog futures pushed above price resistance with some contracts, making new highs.

Cattle futures found ample support Tuesday, pushing contracts above the recent sideways trading pattern. There is bullish optimism as beef demand remains strong. Hog futures were mixed, with the deferred contracts showing...

Cattle futures remained in a sideways trading range with traders supporting the market, but not providing sufficient strength to push through technical resistance. Hogs are following a similar pattern, but showed weakness on...

Cattle futures closed under pressure Friday, but late cash trade may provide support to begin this week. Feedlots held out and will hold out again this week. Hogs closed mixed as traders remain uncertain about continued strength.

Cattle futures took a breather on Wednesday despite no cash cattle trade developing for the week. Some liquidation developed on the uncertainty over the strength of cash. Hog futures showed pressure due to the weakness of...

Live cattle futures closed higher but were unable to hold the triple-digit gains that were seen during the day. Feeder cattle have extended their phenomenal gains since the beginning of the year. Hogs closed mixed, with most...

Cattle futures extended their gains with continued optimism over tight cattle supplies and renewed demand for beef. Hogs did an about-face, resuming the uptrend with new contract highs.

Traders celebrated the New Year with aggressive buying in cattle futures. Feeder cattle surged higher to close the next chart gaps above the market, setting the stage for further strength. Hogs diverged with the nearby...

Cattle futures were able to close the year on a positive note with higher prices. Cash cattle trading activity has not yet taken place. Hog futures had little reason to move one way or the other, with contracts closing mixed.

The livestock complex found further support Tuesday despite no cash cattle trade taking place and limited cash trading of hogs. Both boxed beef and pork cutouts were lower.

Monday likely set the pattern for the week with mixed trading activity in live cattle futures. The expectation is for the cash cattle trade to be steady. Hog futures showed a similar pattern with mixed futures prices and limited...

Cattle futures went into the weekend on a positive note as traders felt confident the weekend was not going to show any surprises in the market. Hog futures were mixed, with contracts through August showing minor losses and...