Cattle futures tumble after hitting record highs - CME Profit-taking follows rally on tight supply, strong demand11 August 2025 11 August 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) feeder cattle futures hit the limit down and live cattle futures fell on Friday, as traders booked profits after both markets reached contract highs during the previous two sessions, reported Reuters. Resilient consumer demand for beef and a tight cattle supply have fueled recent gains in cattle futures. Retail buying ahead of Labor Day, a traditional grilling holiday, has also added a boost to futures. October live cattle futures fell 6.25 cents to 225.975 cents per pound. September feeder futures lost 9.25 cents to end at 349.625 cents per pound.