Live Cattle futures closed lower following comments urging ranchers to reduce prices, which initiated a wave of profit-taking. Live Cattle futures dropped $5.27, with the February contract settling at $240.82. The market saw a significant sell-off in Feeder Cattle futures, which were limit down, including all deferred contracts extending to August 2026. The January Feeder Cattle futures contract was down $9.25, settling at $361.02. Lean Hog futures saw a small decline, but the oversold market is showing signs of support, suggesting the downtrend may be stabilizing. December Lean Hog futures were down $0.92, closing at $82.35, with prices near a two-month low. The market is awaiting more clarity on the effect of the major beef complex decline on the pork market.
FOLLOW THE MARKETS
Most Recent

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.