MORNING LIVESTOCK FUTURES OUTLOOK
LEAN HOGS
The move up on pork since January 11th has been due to weather causing a drop in slaughter and less pork moving. Weather is moderating and movement won’t be a problem. Are packers purposely keeping kill down to keep pork prices higher?

LIVE CATTLE
June 2025 Live Cattle on Monday and again on Tuesday made new contract high closes. Boxed beef prices have been rapidly moving higher because movement has been light. If a buyer needs beef, sellers are squeezing them because the contract buyers get beef first and hand to mouth beef buyers are stuck paying higher on the CURRENT smaller pounds of beef available. Before the deepfreeze and snow, boxed beef prices were dropping.
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