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Possible Island Top Forming in Feeder Cattle

MORNING LIVESTOCK FUTURES OUTLOOK

CATTLE COMPLEX 

Trade volume was moderate Monday.  Funds were the active traders finishing rolls and taking profits on long cattle/short hog spreads.

A possible island top is forming on January feeder cattle  while March on out had inside day down trading Monday.

 

eSignal Feeder Cattle OI chart 1.14.25

 

PORK COMPLEX

Speculators have now made April 2025 lean hogs the lead speculative month.  Trade volume Monday was moderate with traders finishing rolls.

 

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