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CME live cattle futures climbed to one-month highs on Friday, with April live cattle settling up 4 cents at 200.275 cents per pound. Nebraska cash slaughter cattle traded at $200-$202 per cwt, up about $2 on the week, and choice boxed beef rose to $314.90.
Lean hog futures also ended higher after Trump temporarily exempted Mexican goods from steep tariffs.
Tight cattle supplies and firm beef cutout values support livestock prices, which raises the cost of finishing cattle on feed. Tariff relief for Mexico eases fears of disrupted pork exports, supporting hog prices.
tradingview.comMar 8, 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.
