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Cattle notch record highs on strong demand - CME
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The Cattle Site
Cattle notch record highs on strong demand - CME June lean hog futures rise 0.40 cent12 May 2025 12 May 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) live cattle and feeder cattle futures notched lifetime highs on Friday as optimism about warming relationships with the US and major trading partners as well as strong beef demand drove futures higher, Reuters reported, citing traders.
Hog futures chopped up and down but ended the day higher ahead of Saturday's meeting between senior US and Chinese officials.
CME June live cattle futures settled 0.425 cent higher at 214.675 cents per pound.
August feeder cattle futures fell 0.95 cent to end at 300.30 cents per pound.
CME June lean hog futures rose 0.40 cent to close at 97.575 cents per pound.
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