Beef futures sink on weak US jobs information
10 September 2025
2 minute learn
Chicago Mercantile Trade (CME) cattle futures dipped sharply decrease on Tuesday with the CME increasing buying and selling limits for feeder cattle as they fell beneath strain from a revision to jobs information displaying weaker numbers, reported Reuters.
The US economic system probably created 911,000 fewer jobs within the 12 months by way of March than beforehand estimated, the federal government stated on Tuesday.
Analysts stated these numbers might lastly shake shopper demand for beef at a time when that demand has been excessive regardless of rising beef costs.
“The revision to the employment numbers actually acquired to commerce’s consideration,” stated Wealthy Nelson, chief strategist with Allendale. “So we nonetheless have questions proper now concerning the well being of the US shopper and its capability to purchase extraordinarily high-priced retail beef.”
CME October reside cattle futures fell for a sixth straight session, ending 5.625 cents decrease at 230.175 cents per pound. Feeder cattle additionally took a dive, with the October contract ending down 9.275 cents at 349.925 cents per pound.
The US Division of Agriculture (USDA) stated the wholesale alternative boxed beef worth fell $2.02 per hundredweight on Tuesday afternoon to $409.67 per cwt. The choose cutout rose $1.62 to $386.96 per cwt.
Beef packer margins have been at $52.75 per head on Tuesday, down from $66.65 per head on Monday and $99.25 every week in the past, in response to livestock advertising and marketing advisory service HedgersEdge.
CME lean hog futures ticked up on Tuesday after easing Monday.
The pork cutout turned decrease following the Labor Day weekend as is normally anticipated on the finish of the summer season grilling season.
The USDA reported pork carcasses fell $2.22 to $114.16 per cwt. Bellies fell $5.39 to $179.41 per cwt.
October lean hog futures ended 0.975 cent decrease at 96.125 cents per pound.
The CME lean hog index value was $105.91 for the 2 days ending September 5, and $105.92 for the 2 days ending September 4.
