Cattle futures climb on tight supply, bullish USDA outlook - CME Hog market falls on selling, higher supply expectations14 August 2025 14 August 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) live cattle futures rose for a third straight session on Wednesday, lifted by tight supplies of cattle and rising beef prices, reported Reuters. A recent upturn in beef prices is also helping improve beef packer margins that have been languishing in the red for weeks. CME October live cattle futures ended 0.400 cent higher at 229.425 cents per pound after rising to within 0.425 cent of a contract high posted last week. Feeder cattle followed live cattle higher, with the actively traded September contract up 0.375 cent at 346.625 cents per pound. Lean hog futures retreated on Wednesday on technical selling and pressure from forecasts for rising supplies.