Live Cattle futures experienced strong upward momentum today following yesterday's closure of the U.S.-Mexico border to imports. This supply-side disruption triggered aggressive buying, driving prices up $10.93 from yesterday's session lows, with the August contract settling up $3.70 at $245.22. Feeder Cattle futures also gained ground as market participants filled technical chart gaps. Following a limit-up finish in the previous session, trading limits expanded to $16 today, helping August feeder cattle reach an intraday high of $358.75 before closing near unchanged. In contrast, Lean Hog futures faced heavy pressure as softening cash and cutout values erased most of the week's gains. The July contract plummeted $2.95 to settle at $98.65, trading within 40 cents of a fresh low for 2026. Traders remain focused on evolving trade dynamics, technical gaps, and livestock market fundamentals heading into next week.
Learn more about trading futures and options at CME Group:
https://www.cmegroup.com/markets/agriculture.html
#CattleFutures #LeanHogs #LivestockTrading
Learn more about trading futures and options at CME Group:
https://www.cmegroup.com/markets/agriculture.html
#CattleFutures #LeanHogs #LivestockTrading