Hog futures dip as pork market struggles with low demand - CME
Cattle futures surge on tight supply and higher beef prices
15 October 2025
1 minute read
By: All Chicago Mercantile Exchange (CME) feeder and live cattle futures hit contract highs on Tuesday on higher wholesale beef prices, a strong cash market and a continued tight supply of cattle, reported Reuters.
The supply of cattle has lingered at a near 75-year low, with the closure of the US-Mexico border to Mexican cattle imports further constraining an already tight supply.
CME December live cattle rose 1.75 cents to end at 246.5 cents per pound. Benchmark CME November feeder cattle settled 4.6 cents higher at 381.325 cents per pound.
On Tuesday afternoon, the wholesale choice boxed beef cutout rose by 51 cents to $364.42 per hundredweight, according to US Department of Agriculture data. The select cutout rose 80 cents to $350.55 per cwt.
Analysts are weighing whether consumers will continue buying beef when prices are already at record highs.
CME December lean hogs lost 1.7 cents to end at 83.15 cents per pound.
