# Tight supply drives US beef prices - CME
						 | The Cattle Site

> 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.

- Date: 2025-04-29 · published 2025-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25268-tight-supply-drives-us-beef-prices-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/tight-supply-drives-us-beef-prices-cme

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.