8/25/2026 Market Commentary
Live Cattle futures traded to a new low for the year as the cash market continues to work lower. Feeder Cattle futures also traded to the lowest level of 2026 today as both the Corn and Live Cattle markets work against the complex. Lean Hog futures could not hold their gains from earlier in the session and posted new contract lows in most months. Corn futures posted new contract highs today as the industry prices in lower yields.