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Hog market blended amid provide and demand shifts – CME


Cattle futures rebound as beef costs keep excessive


21 October 2025

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Chicago Mercantile Change (CME) stay cattle futures bounced on Monday, stabilising after Friday’s 2.4% plunge that merchants had tied to US President Donald Trump saying that his administration was working to decrease beef costs, reported Reuters

Trump stated on Sunday that he was contemplating importing extra beef from Argentina to cut back hovering US beef costs. Cattle producers criticised that suggestion on Monday as a risk to their livelihoods and free markets, whereas brokers stated Argentina was not prone to provide sufficient meat to chill costs.

“The overall perception is that Argentina can not actually plug the hole,” stated Don Roose, president of Iowa-based US Commodities.

Most-active December stay cattle settled up 1.825 cents on Monday, or 0.75%, at 243.650 cents per pound, after tumbling 2.4% on Friday.

Feeder cattle futures additionally ended larger, buying and selling beneath expanded every day limits after Friday’s limit-down shut. Benchmark November feeders settled up 0.975 cent at 372.675 cents per pound. Day by day limits will revert to 9.25 cents for Tuesday’s buying and selling session.

Beef costs have been hovering close to document highs because the US cattle herd has thinned to the smallest because the Nineteen Fifties.

Wholesale costs rose on Monday, with alternative cuts up $2.41 at $369.18 per hundredweight and choose cuts up $3.19 at $353.46 per cwt, based on US Division of Agriculture knowledge.

Money cattle commerce was quiet to begin the week. Market-ready cattle traded final week in Texas, Kansas and Nebraska at $240 per cwt, based on merchants.

CME lean hog futures ended blended, with the most-active December and February contracts ending decrease whereas again months edged larger. December hogs settled down 0.300 cent at 82.075 cents per pound and February ended down 0.050 cent at 84.725 cents.



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