4/28/2026 Market Commentary
June Live Cattle posted new contract and all-time highs today as the cash market is moving higher early in the week. Feeder Cattle futures are also trading back to near record levels despite the Corn market working higher. Lean hogs finished the day lower and cannot work through overhead resistance as the cash fundamentals have grown stagnant. Corn futures have been on a two-week rally and are back to the highest levels since March.