Live Cattle futures failed to find upside momentum this week despite the cash market trading higher and setting new all-time highs. Feeder Cattle futures were under pressure most of the week and have now broke some technical resistance levels. Lean Hogs posted new lows for the move today although the cash fundamentals remain somewhat supported. Corn futures traded a big range this week after matching the highs from March and then reversed lower to support areas.
Live Cattle futures were led by the deferred contracts today and finished the day sharply higher after a poor start to the week. Feeder Cattle futures were also sharply higher today after recovering back above the 20-day MA yesterday and found additional support from a lower Corn market. Lean Hogs finished the day near their highs after posting new yearly lows this morning. Corn futures were lower today after positing new highs for the move overnight as planting progress is ahead of the average pace.
Live Cattle futures posted new contract highs throughout the complex but ran out of momentum late in the day and finished lower. Feeder Cattle futures also posted new contract highs in all but the May contract, but also finished lower and at the lows of the day. Lean Hogs opened the day lower after the detection of pseudorabies in Iowa and spent most of the day lower as a result. New crop Corn futures posted new highs for the moved and posted new contract highs in the 2027 contracts today, as weather premium is added to the market alongside record demand.
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.
Live Cattle futures gapped higher this morning and most contracts finished right at the 20-day MA average today as the cash market worked higher late in the day. Feeder Cattle futures found support following the news that Secretary of Ag, Brooke Rollins would not be speaking in Arizona today. Lean Hog futures were supported mid-week by the higher pork cutout market, but lost that optimism later in the week. New crop Corn futures have finished higher six straight days and now have a better looking technical picture.
Live Cattle futures traded in volatile fashion again today and ultimately, finished lower as the managed money sector has been exiting the complex. Feeder Cattle futures saw over a $6.500 range today and finished near the lows of the day. The Lean Hog complex gapped higher this morning as the pork cutout traded back over $100 for the first time in over a month. Corn finished the day higher as crude oil has added premium back to that market.
Live Cattle futures followed the Feeder Cattle lower today as cash trade was steady with a week ago. Feeder Cattle futures traded limit lower this morning as fear of what Secretary Rollins was going to announce took over the market. Lean Hogs extended their days of consecutive lower closes as the pork cutout remains somewhat supported. Corn futures traded lower the majority of the day and finished the day mixed as crude oil traded to the lowest level since the beginning of March.
Live Cattle futures pushed to new all-time highs today as cash optimism continues to draw the managed money sector to the market. Feeder Cattle futures posted new contract highs today as the CME Feeder Cattle index nears record levels. Lean Hog futures finished lower for the sixth day in a row and matched the lowest levels of 2026. Corn futures finished the day mixed as the market fights technical resistance levels.
Live Cattle futures pushed to new contract highs all the way through the complex today as cash optimism continues to carry the market. Feeder Cattle futures posted new highs for the move and nearing their highs from October. Lean Hog futures finished lower in every month except April and finished lower each of the final four days this week. Corn futures failed to follow the soybean complex higher as a poor technical picture has set into the complex.
Live Cattle futures set new contract highs this week while the cash market was steady with a week ago. Feeder Cattle posted a new all-time high as feed costs continue to decrease and inventory of available Feeder Cattle gets tighter. Lean Hogs traded sideways this week as the pork cutout continues to work higher. Corn finished the week lower as the forecasts show continued chances for rain over the next few weeks.
Live Cattle finished the day mixed as cash trade has yet to be established for the week and slaughter numbers remain small. Feeder Cattle posted new contract highs all the way through the complex as the CME Feeder Cattle index set a new record high after Friday’s sales. The pork cutout has gained nearly $6 over the last week and has moved the futures market back higher. Corn has erased half of last week’s gains as U.S. production looks to be large.
Live Cattle finished the week slightly lower after a good recovery in the middle of the week. Cash trade was steady to a dollar better throughout all regions. Feeder Cattle failed to post a new contract high this week as the CME Feeder Cattle index saw limited movement. Lean Hogs finished the week on a positive note as the pork cutout has begun to work higher. Corn futures also finished the week higher as warmer weather has entered the forecast.
Live Cattle futures have traded both directions to start the week after last week’s better than expected cash trade. Feeder Cattle continue to follow the record cash prices higher as feed costs continue to remain low. Lean Hogs have erased nearly $10 over the course of the last month and have failed to hold some important technical areas. Corn posted a new contract low to begin the week but have recovered over 10 cents the past two days.
Cash Cattle traded sharply higher this week and pulled the futures to new contract highs to end the week. Feeder cattle found strong support on the USDA again closing the Mexican border for Feeder Cattle imports. Lean Hogs continue to grind lower despite the better cash and cutout markets this week. Corn futures posted new contract lows to end the week as the USDA did not change yield in the monthly WASDE report and weather forecasts continue to look favorable.
Live Cattle posted new contract highs on Tuesday as optimism surrounding this week’s cash market continues to grow. Feeder Cattle futures set new record highs as feed costs continue to work lower. Lean Hogs have settled into a sideways range as the pork cutout has drifted lower. Corn posted new contract lows as weather looks beneficial to U.S. production, and no positive developments with trade partners have surfaced.
Markets closed for the 4th of July with Live Cattle and Feeder Cattle finishing the week on a positive note as the cash markets performed better than initial expectations. Lean Hogs finished lower three of the four days this week due to the pork cutout losing $13 over the last seven days. Corn reversed direction middle of the week and bounced off of contract lows as trade deals present optimism for U.S. corn demand.
Live Cattle and Feeder Cattle futures both traded sharply lower on the news that the Mexican border will be reopened to Feeder Cattle imports. Lean Hogs have failed to find traction after the Hogs and Pigs Report in addition to a lower cutout market. Corn posted new contract lows this morning but recovered throughout the day to finish slightly lower.
Live Cattle and Feeder Cattle both finished sharply higher to end the week as the cash markets continue to outperform expectations. Lean Hogs shed off a bearish Hogs and Pigs Report and finished the week mixed. Corn set new contract lows this week but found strength on Friday heading into Monday’s Grain Stocks and Planted Acres Reports.
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