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.