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Cattle Futures Surge; Hogs Hit New Highs Amid Market Shifts

6/25/2025

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Summary

Story summary

Feeder cattle futures surged after the Cattle on Feed report, while live cattle faced challenges from declining cash prices. Meanwhile, hogs soared to new highs, driven by robust demand. In the grain markets, December corn, November soybeans, and September wheat experienced declines, though Mexico's major corn purchase for future years offered a glimmer of hope.

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Story summary

Feeder cattle futures surged after the Cattle on Feed report, while live cattle faced challenges from declining cash prices. Meanwhile, hogs soared to new highs, driven by robust demand. In the grain markets, December corn, November soybeans, and September wheat experienced declines, though Mexico's major corn purchase for future years offered a glimmer of hope.