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August live cattle rose $4.475 to $216.825 and feeder cattle rose $5.275, both setting contract highs as futures narrowed discounts to cash cattle. In grains, July corn rose 3/4 cent to $4.39 1/2 and July soybeans gained 6 3/4 cents on positive Trump-Xi talks.
Wheat and hogs were mixed.
Narrowing futures discounts to cash reflects strong cattle demand and tight supplies, while the soybean rally on trade optimism supports soybean meal values used in feed formulation.
profarmer.comPro Farmer EditorsJun 5, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
On June 5 August live cattle jumped $4.475 to a contract high as futures closed their discount to strong cash cattle, directly driving the 5-day gain.
