Cattle futures hit new highs on tight supply concerns - CME Low pork stocks keep hog prices climbing steadily28 August 2025 28 August 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CEM) cattle futures rose to contract highs on Wednesday as a tight cattle supply continues to support prices, reported Reuters. CME October live cattle futures reached contract highs before settling up 1.325 cents at 239.525 cents per pound. September feeder cattle rose 0.350 cent to settle at 365.400 cents per pound, also hitting contract highs. A historically low supply of cattle, which has been further constrained by the closure of the US-Mexico border to feeder cattle imports due to the spread of screwworm, fuelled a rally in cattle futures the previous week. CME October lean hogs rose 0.480 cent to settle at 93.900 cents per pound.