Beef futures rebound on cash strength and boxed price gains - CME Pork slips despite firm carcass values, higher cash hog prices30 May 2025 30 May 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) cattle futures rallied on Thursday following a two-day decline, lifted by strong cash cattle markets and rising wholesale beef prices, Reuters reported, citing traders. Benchmark CME August live cattle futures rose 1.900 cents to settle at 210.075 cents per pound and August feeder cattle ended up 4.300 cents at 299.925 cents per pound. "Cash trade was pretty strong again," said Austin Schroeder, senior commodity analyst at Brugler Marketing and Management, adding that rising boxed beef prices also lent support. Hog futures closed lower, shrugging off support from firm wholesale pork and cash hog prices. CME June hog futures settled down 0.250 cent at 100.025 cents per pound and July hogs fell 0.325 cent to finish at 102.975 cents.