Seasonal decline

swine o'clock Sep 22, 2022

Chicago Mercantile Exchange (CME) live cattle strengthened on Tuesday, supported by strong cash markets and tight supplies of market-ready cattle. 

  • CME feeder cattle futures eased.
  • Cash cattle trade had a firm start to the week, but light in volume. 
  • Consumer beef prices remain strong, with choice cuts easing and select cuts rising.

CME lean hog futures gained as cash hog prices remained firm – despite lower nearby futures.