Hog futures edge higher as pork carcass prices rebound - CME
US cattle futures slip on JBS plant closure, lower beef prices
15 June 2026
1 minute read
By: Chicago Mercantile Exchange (CME) cattle futures ticked lower on Friday on long liquidation ahead of the weekend with additional pressure coming from lower boxed beef prices and the closure of a JBS plant in Souderton, Pennsylvania, reported Reuters.
Front-month CME June live cattle futures settled 1.6 cents lower to 249.875 cents per pound, and CME August feeder cattle futures closed 2.225 cents lower to 357.425 cents a pound.
The US Department of Agriculture (USDA) priced choice cuts of beef $1.28 lower at $391.93 per hundredweight (cwt) on Friday. Select cuts fell 53 cents to $372.72 per cwt.
Market players continue to monitor outbreaks of New World screwworm after the first domestic infestation of the parasite in decades was found in a Texas calf last week. The USDA confirmed a total of nine US screwworm cases as of Friday.
The US government is fast-tracking drugs and accelerating grant funding in its multi-agency strategy to beat back the New World screwworm, a parasite that threatens the nation's beleaguered cattle herd, even as staffing cuts and a shortage of a key prevention tool have raised concerns about the response.
July hogs settled 0.825 cent higher to 97.45 cents per pound. The USDA priced pork carcasses at $97.39 per cwt, up $2.92.
