
Cattle closed lower on Monday as traders spread bearishly, with moderate volume concentrated in December, February and April contracts. Lean hogs traded fairly actively with spreading dominating, and traders rolled positions into February and April while buying 2027 hogs and selling 2027 cattle.
Traders expecting lower cattle prices in 2027 and steady beef demand signal limited near-term support for cattle, while improving pork trimmings movement points to modest hog demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.