Beef futures rise on tight supply, firm prices - CME Hog market slides as pork prices, cash trade weaken1 July 2025 1 July 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) lean hog futures fell on Monday in a profit-taking and fund selling retreat as wholesale pork values tumbled and the cash hog market weakened, Reuters reported, citing analysts. CME live cattle futures ended higher for a third consecutive trading session on tight cattle supplies and elevated beef prices, although gains were capped by concerns about an expected seasonal softening of beef demand typical of the hotter summer season, analysts said. August live cattle ended 0.575 cent higher to 213.875 cents per pound. Feeder cattle futures rallied in tandem with stronger live cattle, supported by tight supplies following a May closure of the US border to Mexican cattle imports to help contain the livestock pest screwworm. August futures finished the day up 2.775 cents at 310.675 cents per pound.