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Cattle Futures Soar Amid Supply Crunch, Hog Prices Dip

5/19/2025

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Summary

Story summary

CME cattle futures surged on May 19, 2025, driven by robust boxed beef prices and a tight supply following the US's suspension of cattle imports from Mexico, with August live cattle futures climbing to 206.75 cents per pound. In contrast, lean hog futures dipped slightly, ending at 100.325 cents per pound amid technical trading fluctuations.

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Story summary

CME cattle futures surged on May 19, 2025, driven by robust boxed beef prices and a tight supply following the US's suspension of cattle imports from Mexico, with August live cattle futures climbing to 206.75 cents per pound. In contrast, lean hog futures dipped slightly, ending at 100.325 cents per pound amid technical trading fluctuations.