4/22/2025 Market Commentary
Live Cattle futures are following the cash market higher and are now testing contract and all time highs. Feeder cattle futures continue to watch the CME feeder cattle index as it has set an all-time high in the last week but has since moved back lower. Lean Hogs have now finished higher nine days in a row and have taken out overhead resistance. The corn market is keeping a close eye on weather models ahead of the U.S. growing season and expected large corn acres.