Market Commentary

2026

1/27/2026 Market Commentary

Live Cattle futures finished the day slightly lower as cash trade has yet to be established and boxed beef has been supported. Feeder Cattle futures recovered nicely today as the cash market remains strong. Lean Hogs posted new contract highs across most contracts today with the cash fundamentals continuing to work higher. Corn futures have failed to find follow-through this week as the market continues to digest the large supplies of U.S. Corn.

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1/23/2026 Market Commentary

Live Cattle futures started the day sharply lower but followed the higher cash market and finished the day with sizable gains. Feeder Cattle futures tested downside support this morning and finished the day with slight gains. Lean Hog futures posted new contract highs yesterday but finished the week mixed. Corn futures finished the week higher after a huge week of exports.

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1/20/2026 Market Commentary

Live Cattle futures finished the day higher after trading mixed all day, fearing a sharply lower equity market. Feeder Cattle futures finished higher after the Screwworm rumors from last week were confirmed untrue. Lean Hog futures continue to push to new contract highs as the cash fundamentals have turned positive. Corn futures traded in a tight range today and could not take out Friday’s high.

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1/16/2026 Market Commentary

Live Cattle futures traded lower to end the week after another week of steady cash trade. Feeder Cattle futures fell victim to Screwworm rumors and traded down to limit lower many times today despite the rumors being untrue. Lean Hogs found support from the higher cash market this week and finished higher each of the last four days. Corn futures finished higher today but will finish the week with sharp losses.

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1/13/2026 Market Commentary

Live Cattle futures continue to follow the Feeder Cattle complex higher as cash fat cattle remain stagnant and boxed beef is lackluster. Feeder Cattle futures continue to be supported by the Feeder Cattle index and now, a sharply lower corn market. Lean Hogs traded mixed today after many contracts posted new contract highs at the end of last week. Corn futures have been under heavy pressure following yesterday’s WASDE Report that showed increased corn production for 2025.

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1/9/2026 Market Commentary

Live Cattle futures finished the week lower as the cash market fails to find a spark. Feeder Cattle futures followed the Feeder Cattle index higher this week but could not hold all of those gains through Friday. Lean Hogs posted new highs for the move this week and many of the deferred contracts posted new contract highs despite the pork cutout moving lower. Corn futures are back to the middle of their range that began in the middle of October as traders wait for the WASDE Report Monday morning.

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1/6/2026 Market Commentary

Live Cattle futures have traded higher to start the week as cash trade has yet to be established. Feeder Cattle futures have surged higher to start the year following the CME Feeder Cattle index. Lean Hogs finished the day mixed as the pork cutout has been stagnant for the past week. Corn futures could not hold the gains from the beginning of the day and finished slightly lower but remain range bound.

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1/2/2026 Market Commentary

Live Cattle futures started the year sharply higher on what appears to be new fund buying entering the complex after breaking through technical resistance. Feeder Cattle futures also traded sharply higher today and have now pushed through many technical areas. Lean Hog futures traded lower in the nearby contracts while the deferred contracts continue to be supported by questions of supplies into the summer. Corn futures traded lower the majority of the day and are again testing technical support areas at the bottom of the range.

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2025

12/30/2025 Market Commentary

Live Cattle futures traded higher the majority of the day but remain in the same trading range that has been set for three weeks. Feeder Cattle futures pushed to new highs for the move as the CME Feeder Cattle index continues to move higher. Lean Hogs finished the day higher as the pork cutout remains at historic levels for December. Corn futures have now finished lower three days in a row after posting new highs for the month of December at the end of last week.

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12/26/2025 Market Commentary

Live Cattle finished with a small weekly loss following another week of steady cash trade. Feeder Cattle futures finished the week higher as the Feeder Cattle index continues to work higher. Lean Hog futures fought off a bearish Hogs and Pigs Report in the middle of the week and remain near their highs of the month. Corn futures posted new highs for the month this morning as the technical picture continues to improve.

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12/23/2025 Market Commentary

Live Cattle futures finished the day lower as cash trade has been stagnant and slow to develop. Feeder Cattle futures also finished lower despite the CME Feeder Cattle index being quoted higher for the ninth day in a row. Lean Hogs finished the day slightly higher, but did push to new highs as traders waited for this afternoon’s Hogs and Pigs Report. Corn futures finished the day slightly higher after another day with a tight range heading into the holidays.

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12/19/2025 Market Commentary

Live Cattle futures finished the week higher following a very quiet week of cash cattle. Feeder Cattle futures finished at the highest levels since the middle of October as the Feeder Cattle index continues to push higher. Lean Hogs have been supported by a strong pork cutout market and worries of pork supplies overseas. Corn futures finished the week with a net gain after testing support levels in the middle of the week.

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12/16/2025 Market Commentary

Live Cattle futures finished the day slightly higher as cash trade has yet to take place this week. Feeder Cattle futures were higher the entire day as the CME Feeder Cattle index continues to work higher. Lean Hog futures failed to post a new high for the move today but finished near the highs of the day. Corn futures have now finished lower three days in a row and are testing technical support levels.

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12/12/2025 Market Commentary

Live Cattle futures ended the week lower after another week of higher cash trade and lower boxed beef prices. Feeder Cattle futures finished the week unchanged compared to last Friday as the CME Feeder Cattle index continues to work higher. Lean Hogs continue to be supported by the pork cutout and has pushed the futures to 45-day highs. Corn finished the week near its lows after this week’s friendly WASDE Report.

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12/9/2025 Market Commentary

Live Cattle futures finished the day mostly higher as traders wait for indications as to what this week’s cash prices will be. Feeder Cattle futures trades both sides of steady before finishing slightly lower. Lean Hogs finished mostly lower breaking a four-day streak of higher closes. Corn futures found support on increased export demand in today’s WASDE Report.

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12/5/2025 Market Commentary

Live Cattle futures surged higher to finish the week following a sharply higher cash market. Feeder Cattle futures also finished the week higher after testing technical support early in the week. Lean Hogs continue to find support surrounding the news of ASF in Spain. Corn futures bounced between resistance and support levels all week, but finished the week slightly lower.

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12/2/2025 Market Commentary

Live Cattle futures finished the day sharply higher as feedlots are expecting a higher cash market this week. Feeder Cattle futures traded limit higher today but could not finish there as volatility remains extreme within the complex. Lean Hogs have finished lower three days in a row following the cash market lower while the cutout has found support. Corn took out overhead resistance this morning after news broke of tensions between Russia and Ukraine.

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Producers Livestock offers livestock sourcing and marketing, commodities trading and hedging and loans and credit facilities to farmers and processors in the Midwestern US and Central Plains.

Nebraska Location

4809 S 114th St
Omaha, NE 68137

Iowa Location

4280 Sergeant Rd, Ste 240
Sioux City, IA 51106

General Contact

PO Box 45978
Omaha, NE 68145

Business Hours

Monday – Friday

8:00 A.M. – 4:00 P.M.