Cattle futures fall as rally stalls - CME Lean hog prices dip while pork belly demand surges15 July 2025 15 July 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) live cattle and feeder futures tumbled on Monday in a technical setback from lofty prices, Reuters reported, citing traders. CME August live cattle futures closed down 2.85 cents at 219.35 cents per pound after jumping 3.8% last week. Meatpackers were losing $43.20 for each head of cattle they processed on Monday, compared to profits of $73.95 a week ago, HedgersEdge.com said. Meatpackers slaughtered an estimated 477,000 hogs, compared to 478,000 hogs a week ago and 474,933 hogs a year ago, according to the USDA. Packers slaughtered an estimated 112,000 cattle, down from 114,000 cattle a week ago and 117,427 cattle a year ago, as inventories are low.