Live Cattle futures hold steady as Lean Hogs face record short positions. 9/29/26

CME Group2 hours ago2:04

Live Cattle futures held unchanged after early fluctuations, supported by a firm wholesale boxed beef report and a decline in daily slaughter numbers year over year. Feeder Cattle futures rebounded from early weakness to close higher, alongside expanding net long positions from funds. Meanwhile, Lean Hog futures gained ground despite speculators holding a record number of short contracts, approaching the historical net short peak. Oliver Sloup breaks down the latest Commitment of Traders data, daily slaughter figures, and wholesale prices across the livestock complex. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #Livestock #FuturesTrading #Commodities

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Live Cattle futures hold steady as Lean Hogs face record short positions. 9/29/26 | PiQ Markets