7/8/2025 Market Commentary
Live Cattle posted new contract highs on Tuesday as optimism surrounding this week’s cash market continues to grow. Feeder Cattle futures set new record highs as feed costs continue to work lower. Lean Hogs have settled into a sideways range as the pork cutout has drifted lower. Corn posted new contract lows as weather looks beneficial to U.S. production, and no positive developments with trade partners have surfaced.