3/18/2025 Market Commentary
Live and Feeder Cattle continue to post now contract highs, while the feeders are setting all-time record highs. Tight supply of available cattle continues to drive the cash markets to record levels. Lean hogs have traded sharply in both directions this week and ran into overhead resistance and support under the market. Corn found support with the wheat market to begin the week and before having a very quiet day today. Traders continue to watch relations between U.S. and key trade partners as tariffs are looming.