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Feeder Cattle Futures Surge Amid Strong Market Confidence

5/27/2025

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Story summary
  • Feeder cattle futures increased, with August contracts settling at 300.375 cents per pound before Memorial Day.
  • Cash cattle trading surged, bolstering market confidence.
  • The USDA reported lower-than-expected May cattle on feed, suggesting a "neutral bullish" outlook.
  • Boxed beef prices and wholesale pork values both experienced upward trends.