4/21/2026 Market Commentary
Live Cattle futures traded in volatile fashion again today and ultimately, finished lower as the managed money sector has been exiting the complex. Feeder Cattle futures saw over a $6.500 range today and finished near the lows of the day. The Lean Hog complex gapped higher this morning as the pork cutout traded back over $100 for the first time in over a month. Corn finished the day higher as crude oil has added premium back to that market.