Beef futures pressured by weaker wholesale demand - CME Hog prices slip as USDA reports herd contraction30 September 2025 30 September 2025 1 minute read 1 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) lean hog futures ticked lower on Monday in a technical pullback after futures surged in the previous session, Reuters reported, citing traders. CME December live cattle fell 0.475 cent to end at 233.825 cents per pound. CME November feeder cattle FCX25 fell 0.60 cent to end at 353.875 cents per pound. Declining wholesale beef prices have weighed on live and feeder cattle futures. Wholesale beef prices have continued a seasonal decline as weather cools and grilling season is put in the rearview mirror.