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Cattle gain as Wall Street rebounds - CME
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The Cattle Site
Cattle gain as Wall Street rebounds - CME June lean hog futures settle up23 April 2025 23 April 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaChicago Mercantile Exchange (CME) live and feeder cattle futures strengthened on Tuesday on support from rising equity markets while hog futures also ticked up on a seasonally tighter supply of hogs, Reuters reported, citing traders.
Cattle futures ticked down on Monday as a falling equities market fueled worries about lower consumer demand for beef.
CME June live cattle futures settled up 2.525 cents at 206.275 cents per pound and August feeder cattle futures ended 2.1 cents higher at 291.25 cents per pound.
Meanwhile, increased pork demand ahead of the start of grilling season and a seasonally tighter number of hogs have supported hog futures.
CME June lean hog futures settled up 2.225 cents to 100.275 cents per pound.
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