{"id":26256,"date":"2025-09-17T03:29:06","date_gmt":"2025-09-17T03:29:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/26256\/"},"modified":"2025-09-17T03:29:06","modified_gmt":"2025-09-17T03:29:06","slug":"hog-futures-retreat-after-hitting-contract-high-cme","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/26256\/","title":{"rendered":"Hog futures retreat after hitting contract high – CME"},"content":{"rendered":"

Cattle futures ease as cash market stays quiet\n <\/p>\n

\"calendar 17 September 2025<\/p>\n

\"clock
\n 2 minute read<\/p>\n

Chicago Mercantile Exchange (CME) live cattle futures closed lower on Tuesday, consolidating after Monday’s bounce as the market waited for fresh direction from the cash cattle market, Reuters reported<\/a>, citing\u00a0analysts.<\/p>\n

CME October live cattle futures settled down 1.150 cents on Tuesday at 233.450 cents per pound and December live cattle ended down 1.125 cents at 235.150 cents. <\/p>\n

October feeder cattle fell 0.200 cent to settle at 354.300 cents per pound.<\/p>\n

Tight US cattle supplies and consumer demand for beef continue to provide fundamental support for cattle futures. But commodity funds already hold a sizable net long position<\/a> in the market, leaving prices prone to bouts of long liquidation.<\/p>\n

Cash cattle markets were quiet on Tuesday after trading last week at around $240 per hundredweight (cwt). <\/p>\n

Given a seasonal slide in beef prices as the summer grilling season winds down, some traders last week thought that cash prices for slaughter-ready cattle could fall this week. But Monday’s rally in futures raised expectations.<\/p>\n

“We went from last week thinking it (cash trade) was going to be lower this week, and now maybe steady-higher,” said Don Roose, president of Iowa-based US Commodities.<\/p>\n

In the beef market, the US Department of Agriculture (USDA) priced choice cuts on Tuesday afternoon at $392.62 per cwt, down $5.91 from Monday and the lowest reading since August 13. <\/p>\n

Ahead of Friday’s monthly USDA Cattle on Feed report, analysts surveyed by Reuters on average expected<\/a> the government to report the number of cattle in US feedlots as of September 1 at 11.097 million head, down 0.9% from a year ago. <\/p>\n

Analysts on average estimated that the number of cattle placed into feedlots during August would be down 9% from a year earlier and marketings were seen down 12.8% from a year ago.<\/p>\n

CME lean hog futures ended lower on Tuesday, retreating from early advances. The October contract settled down 0.150 cent at 97.375 cents per pound, falling after setting a life-of-contract high at 98.900 cents. December hogs ended down 0.625 cent at 88.225 cents.<\/p>\n

On Tuesday afternoon, the USDA priced the hog carcass cutout at $112.28 per cwt, down $1.79 from Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"Cattle futures ease as cash market stays quiet 17 September 2025 2 minute read Chicago Mercantile Exchange (CME)…\n","protected":false},"author":2,"featured_media":26257,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[72,61,60,123],"class_list":{"0":"post-26256","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-ie","10":"tag-ireland","11":"tag-markets"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/26256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=26256"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/26256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/26257"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=26256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=26256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=26256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}