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15 July 2025<\/p>\nCattle futures fall as rally stalls\n <\/p>\n
15 July 2025<\/p>\n
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\n 2 minute read<\/p>\n
Chicago Mercantile Exchange (CME) live cattle and feeder futures tumbled on Monday in a technical setback from lofty prices, Reuters reported<\/a>, citing traders. <\/p>\n The markets surged last week as cash prices jumped more than many traders expected and Washington again halted imports of cattle from Mexico, limiting supplies. <\/p>\n Consumer demand for beef has largely remained strong this year, even as tight US cattle inventories have reduced production and pushed prices to records.<\/p>\n Futures took a breather after rallying Friday, traders said.<\/p>\n CME August live cattle futures closed down 2.85 cents at 219.35 cents per pound after jumping 3.8% last week.<\/p>\n August feeder cattle sank 5.85 cents to end at 319.475 cents per pound. The contract soared 5% last week, as analysts said that cash prices increased by $4 to $8 per hundredweight.<\/p>\n The US Department of Agriculture (USDA) said on Wednesday that it would immediately block cattle imports<\/a> from Mexico due to the spread of New World screwworm, a devastating livestock pest, after starting to resume imports days earlier. Some producers typically import Mexican cattle to fatten in US feedlots and slaughter in US processing plants.<\/p>\n Beef processors saw profit margins turn negative as they paid higher prices for cattle while beef prices declined.<\/p>\n