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Beef futures slip on profit-taking, weak export sales - CME
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The Cattle Site
Beef futures slip on profit-taking, weak export sales - CME Hog prices fall as supplies rise and pork exports drop15 August 2025 15 August 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) cattle futures retreated on Thursday in a profit-taking and technical setback after three sessions of gains and as disappointing weekly beef export sales data weighed on the market, reported Reuters.
Lean hog futures followed cattle contracts lower, pressured by rising supplies and a drop in pork export sales last week.
Net US pork export sales fell 32% to 21,102 tons, the lowest in three weeks.
CME October live cattle futures ended 2.600 cents lower at 226.825 cents per pound, while September feeder cattle tumbled 5.600 cents to 346.625 cents per pound.
Before Thursday's drop, cattle futures had been climbing toward recent contract highs, helped by rising wholesale beef prices.
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