While hog supplies are looking stronger, cattle could face higher prices over time, especially if harsh weather comes into play.
The U.S. economy expanded in the third quarter at a faster pace than initially reported, led by the biggest increase in inventories since early 1998. Consumer spending slowed.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Three Wall Street trade groups say the CFTC's policy governing overseas trades is lacking in several areas.