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Hog Futures Hit Record Highs Amid Tight Supply

2/15/2025

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Summary

Story summary

CME hog futures soared to record highs, fueled by robust demand and tight supply. In contrast, live cattle futures dipped to 195.725 cents per pound, pressured by a softening cash market and shrinking meatpacker margins. Meanwhile, feeder cattle saw a slight uptick, as the USDA predicts a rise in beef production for 2025, influencing cattle prices.

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Story summary

CME hog futures soared to record highs, fueled by robust demand and tight supply. In contrast, live cattle futures dipped to 195.725 cents per pound, pressured by a softening cash market and shrinking meatpacker margins. Meanwhile, feeder cattle saw a slight uptick, as the USDA predicts a rise in beef production for 2025, influencing cattle prices.