Market Commentary

2026

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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8/18/2026 Market Commentary

Live Cattle futures finished the day higher following a sharply higher boxed beef market this morning. August Feeder Cattle finished the day lower while the rest of the complex finished higher. Lean Hog futures traded to new lows for the move but recovered nearly half of the early losses. Corn futures traded to the highest levels since May but ended the day lower.

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8/14/2026 Market Commentary

Live Cattle futures recovered late in the day following the announcement from Tyson Foods of more plant closures that pressed the market lower. Feeder Cattle futures also traded to their daily highs in the final minutes of the day but finish the week with big losses. Lean Hog futures finished lower for the second day in a row and traded to the lowest levels since the beginning of July. Corn futures found support from this week’s WASDE Report and traded to the highest level in three weeks.

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8/11/2026 Market Commentary

Live Cattle futures finished the day mixed as the market awaits cash trade this week. Feeder Cattle futures finished higher with the exception of the August contract with the Feeder Cattle index falling lower. Lean Hogs finished lower today despite the pork cutout finding support. Corn futures traded to the lowest level in over a month as traders await tomorrows WASDE Report.

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8/7/2026 Market Commentary

Live Cattle futures recovered from large losses in the middle of the day to finish the day mixed. Feeder Cattle futures finished the day higher following the Feeder Cattle index which is now at the highest level in three weeks. Lean Hog futures tested contract lows today but ended the day mostly higher. Corn futures lost the momentum from the overnight session and finished the day steady as traders continue to monitor weather.

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8/4/2026 Market Commentary

Live Cattle futures finished the day with modest gains as the technical picture looks better along with the thought of higher cash this week. Feeder Cattle futures finished the day higher as the Corn market was lower and the Feeder Cattle index has begun to work higher. Lean Hog futures have traded sideways for three days after plunging lower for two days last week. Corn futures started the week higher but lost most of those gains today as the radar shows precipitation across much of the Corn Belt.

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7/31/2026 Market Commentary

Live Cattle futures finished higher each of the final four days this week and the cash market was supported for the first time in over a month. Feeder Cattle futures finished the week higher after beginning the week under pressure due to the future opening of the Mexican border. Lean Hog futures saw big losses in the middle of the week but finished the week with decent gains. Corn futures finished lower four days this week and fell below technical support areas at the end of the week.

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7/28/2026 Market Commentary

Live Cattle futures finished the day sharply higher after trading lower with the Feeder Cattle futures yesterday. Feeder Cattle futures were sharply higher in the nearby contracts but lower in the deferred as traders price in more supply in the future with the opening of the Mexican border. Lean Hog futures finished the day with good gains after trading sharply lower on Monday. Corn futures rebounded today after the grain complex as a whole felt pressure to start the week.

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7/24/2026 Market Commentary

Live Cattle futures traded on both sides of steady today in anticipation of today’s Cattle on Feed and Cattle Inventory Reports. Feeder Cattle futures started the day sharply higher but traded lower in the late morning and ended the day with decent gains. The Lean Hog complex finished higher each of the final two days this week as the pork cutout posted new recent highs this week. Corn futures fell victim to a lower wheat market earlier this morning but shrugged that off late in the day and finished mixed.

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2025

10/28/2025 Market Commentary

Live Cattle futures finished the day mixed after traded sharply higher in the middle of the day. Feeder Cattle futures finished sharply lower again today as traders continue to fear the re-opening of the Mexican border. Lean Hogs continue their slide lower as the pork cutout and Lean Hog index continue to fall. Corn futures have started the week on a positive note after the U.S. and China have struck a trade deal.

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10/24/2025 Market Commentary

Live Cattle futures finished the week limit lower in most months despite higher boxed beef and a well-supported cash cattle market. Feeder Cattle futures finished limit lower for the second time this week as traders fear an opening of the Mexican border. Lean Hogs turned in a quiet week as the pork cutout fell below $100. Corn finished the week lower after an overall positive week pushed the futures above resistance levels.

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10/21/2025 Market Commentary

Live Cattle futures have finished higher each day this week despite cattle and beef at the front of many headlines. Feeder Cattle futures continue to be supported by record cash Feeder Cattle prices. Lean Hogs finished higher across all months today after testing technical support on Monday. Corn futures finished lower today for the first time in six days after testing upside resistance.

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10/17/2025 Market Commentary

Live Cattle futures fell victim to President Trump’s comments about the price of beef and finished the day sharply lower. Feeder Cattle futures plunged to limit lower in the first minutes of trade and spent the majority of the day there. Lean Hog futures continued their slide lower as the cash and product market continue to work lower. Corn finished the week strong with higher finishes each of the final four days.

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10/14/2025 Market Commentary

Live Cattle futures traded through the 250.000 mark for the first time ever today while Feeder Cattle also posted a new all-time high over 380.000 this afternoon. Lean hog futures continue to move lower as the cash and product markets remain under pressure. Corn futures finished the day higher after posting new lows for the move.

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10/10/2025 Market Commentary

Live Cattle futures rallied to finish the day after cash trade in the North was better than expected. Feeder Cattle have gained nearly 25.000/cwt over the last six days and posted new all-time highs to end the week. Lean Hogs finished lower everyday this week as the cash market and pork cutout work lower. Corn futures followed the soybean complex lower after not being able to break through the 20-day MA.

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10/7/2025 Market Commentary

Live Cattle futures have finished higher each of the first two days this week despite the lower cash market a week ago. Feeder Cattle are leading the entire cattle complex higher as new cases of Screwworm continue to be discovered in Mexico. Lean Hog futures have moved lower as the Lean Hog index and pork cutout have turned lower. Corn continues its sideways trade as harvest progresses and fresh news is lacking within the complex.

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10/3/2025 Market Commentary

Live Cattle finished the week higher following another week of disappointing cash trade and lower boxed beef markets. Feeder Cattle finished the week above technical resistance areas after a slight recovery on Friday. Lean Hogs finished the week higher after four straight days of lower markets. Corn rebounded mid week but failed at technical resistance today.

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9/30/2025 Market Commentary

Live Cattle futures followed the Feeder Cattle complex higher as cash trade has not been established this week. Feeder Cattle finished sharply higher as Corn continues to trade lower and cash Feeder Cattle remain at a premium to the futures. Lean Hogs finished the day lower for the second straight day after failing to post new highs on Monday. Corn futures moved lower as the USDA revised their 2024 production estimates higher in this morning’s Quarterly Stocks Report.

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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.

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4809 S 114th St
Omaha, NE 68137

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4280 Sergeant Rd, Ste 240
Sioux City, IA 51106

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Omaha, NE 68145

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