Cattle futures firm on technical bounce, slowing slaughter - CME Hog futures rise as packers pay up on cash market5 August 2026 5 August 2026 1 minute read 1 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) cattle futures firmed on Tuesday on a technical bounce, as the pace of U.S. cattle slaughter has been slowing from last year and the recent heat wave has impacted cattle placements, Reuters reported, citing market analysts. CME August live cattle futures settled up 0.850 cent on Tuesday at 231.950 cents per pound. Most-active October futures ended 1.175 cents higher at 227.900 cents a pound. CME August feeder cattle futures rose 3.375 cents to 351.200 cents per pound, while most back-month contracts also ended the session higher. CME August lean hog futures settled up 0.325 cent at 97.850 cents per pound.