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CME live and feeder cattle futures hit fresh contract highs as cash prices stayed elevated and beef supplies stayed limited ahead of the US grilling season. Lean hog futures fell for a second session as funds shifted from hogs into cattle.
Choice boxed beef rose $3.42 to $346.19 per cwt.
Tight cattle supplies after the drought-driven herd liquidation keep cattle prices firm, supporting feeder cattle demand, while weaker hog futures reflect cash pressure in pork.
thecattlesite.comMelanie EppApr 29, 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.
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.
