Written Commentary
MORNING LIVESTOCK FUTURES OUTLOOK
CATTLE COMPLEX
Live cattle for April, June and august closed on new contract high closes and traders continue to bull spread. Next week spot April will go off the board.
PORK COMPLEX
China didn’t buy pork last week , they also cancelled 12,000 mt. China has not imported US Pork in over a month. Before the tariffs China was the second largest buyer of US Pork in 2025. Mexico bought just 3,800 mt down about half of the previous week. It is likely that Mexican buying the past two weeks has been light due to easter holiday. Easter time in Mexico is a 2-week holiday. The Philippines are increasing buying from the European union ratifying 8 facilities in Portugal.
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