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Live cattle futures rose 0.9% to a record $2.4845 per pound on the CME. Traders remain concerned about tight cattle and beef supplies, and a JBS plant in Colorado was set to return to work after a strike.
Record futures reflect tight cattle and beef supply, and the plant's return modestly eases packing constraints and slaughter bottlenecks.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Live cattle futures hit a record on 2026-04-06 on tight cattle and beef supply concerns, directly describing the day's price action.