Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Beef movement had just 48 loads on Monday sales. It is no wonder why beef was higher. When last week’s slaughter was 521,000 head, there isn’t much beef left to sell on the daily market after filling previously contracted needs.
The union in Greeley, Colorado called for a strike at JBS. It has traders worried. It will back up cattle and limit beef supplies.
The United Arab Emirates is the only country in the Middle East that imports any sizable amount of US beef, and it isn’t much. In 2025 they imported 12,584 mt.
LEAN HOG COMPLEX
The high prices for beef are supportive for pork.
Consumers are expected to increase pork consumption because it is much cheaper than beef.
Pork is also competing with poultry. Pork exports are strong.
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