Story perspectives

Cattle Futures Mixed Ahead of Holiday, Prices Soar

1/20/2025

31 3

Summary

Story summary

CME live cattle futures showed mixed results ahead of the US holiday weekend and Trump's inauguration.
Tight cattle supplies and elevated beef prices bolstered the market, though profit-taking hindered growth.
February live cattle futures experienced a slight increase, while April contracts saw a decline.
Wholesale beef prices neared a 19-month high, with lean hog futures decreasing.
US markets will be closed on Monday for Martin Luther King Jr. Day.

1 of 1

Story summary

CME live cattle futures showed mixed results ahead of the US holiday weekend and Trump's inauguration.
Tight cattle supplies and elevated beef prices bolstered the market, though profit-taking hindered growth.
February live cattle futures experienced a slight increase, while April contracts saw a decline.
Wholesale beef prices neared a 19-month high, with lean hog futures decreasing.
US markets will be closed on Monday for Martin Luther King Jr. Day.