In an October 3 Barchart article on the cattle and hog futures markets in Q3 and beyond, I concluded that:
Meat prices declined in Q3, which is no surprise as it is the beginning of the off-demand season. However, the sector’s double-digit percentage gain since the end of 2023 is a sign that production costs continue to support higher prices, and logistical issues could send them to higher highs in 2025. The long-term price trends remain favorable as the markets head into the weak winter season.
