Market Commentary

2026

9/18/2026 Market Commentary

Live Cattle futures finished the day mixed after falling sharply lower in the final part of the week. Feeder Cattle futures also saw big losses this week despite the Feeder Cattle index moving higher. Lean Hog futures finished lower each day this week and posted new contract lows as the pork cutout struggles to stabilize. Corn futures found a sideways range this week but fell below the 20-day MA for the first time in over a month.

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9/15/2026 Market Commentary

Live Cattle futures posted new highs for the move at the beginning of the day today but failed to find support as the outside markets weighed on the complex. Feeder Cattle futures also finished lower, but for the first time in six days as the cash market continues to be higher than the futures. Lean Hog futures set new contract lows today as all of the cash fundamentals continue to work lower. Corn futures traded on both sides of steady but finished the day higher and remains range bound.

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9/11/2026 Market Commentary

Live Cattle futures trade3d higher the entire day and finished higher three of the four days this week. Feeder Cattle futures traded to the highest level in a month today as the Corn market traded lower and cash Feeder Cattle sell well above the futures price. Lean hog futures finished the day near their lows as the cash fundamentals continue to work lower. Corn futures traded in a large range today around the WASDE Report that came in near estimates in most categories.

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9/8/2026 Market Commentary

Live Cattle futures traded sharply higher today following the better than expected cash market last week. Feeder Cattle followed the Live Cattle complex higher today and were also supported by the Corn market trading lower. Lean Hogs also saw very good gains today and again tested the most recent highs. Corn futures started the day higher but fell lower for most of the day as lack of new bullish news weighs on the market.

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9/4/2026 Market Commentary

Cattle futures pulled back Friday after Thursday’s strong rally, but steady cash and strong boxed beef continue to provide underlying support. Feeder futures gave back some ground Friday but continue to show strength despite corn recovering from its early losses. Lean Hogs ended the week lower, giving back roughly half of the recent rally as weaker pork cutout values remain a concern. Corn posted its third consecutive lower close but remains in a bullish trend, supported by strong demand and potentially lower yield expectations.

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9/1/2026 Market Commentary

Live Cattle futures traded lower for the majority of the day with cash cattle trading at steady money in the North. Feeder Cattle futures continue to feel pressure from the Corn market along with a lower Feeder Cattle index. Lean hogs finished the day mixed as all of the cash fundamentals work lower. Corn futures posted new contract highs today as traders continue to price in lower production in the United States

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8/28/2026 Market Commentary

Live Cattle futures finished the day lower heading into the weekend but did show signs of life throughout the day. Feeder Cattle futures fell victim to a higher Corn market again today along with a lower Feeder Cattle index. Lean Hog futures tested contract lows this morning but rallied into overhead resistance at the end of the day. Corn futures posted new contract highs today as demand remain strong and supply is in question.

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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.

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8/21/2026 Market Commentary

Live Cattle futures started the day sharply lower following a social media post from President Trump that the administration would be bringing more beef into the Untied States. Feeder Cattle futures also opened sharply lower but led the rally to finish mostly higher. Lean Hog futures tested contract lows today but ended the day positive. Corn traded to the highest level in 2026 today as demand remains strong and production is a question mark.

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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

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PO Box 45978
Omaha, NE 68145

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