Live Cattle Jun '26 (LEM26)
Live Cattle Futures Market News and Commentary
Live cattle futures posted $1.20 to $2.05 higher trade across the board on Friday, with June holding up $5 on the week as the cash market was a driver. Open interest was up 3,445 contracts on Friday. Cash trade was mostly $260-265 in the South last week, with northern trade at $408-415 dressed and up to $265 live. Feeder cattle futures were up $1.10 to $4.70 to close out the Friday session. August was $2.77 lower last week. The CME Feeder Cattle Index was down $3.14 to $370.09 on May 14.
China has renewed expired export licenses for more than 400 US beef plants after letting them lapse. On Sunday, the White House released a fact sheet on the US/China talks from last week, in part stating that “China will purchase at least $17 billion per year of U.S. agricultural products in 2026 (prorated), 2027, and 2028, in addition to the soybean purchase commitments that it made in October 2025.”
CFTC data showed managed money slashing 11,079 contracts from their net long in live c... Read more
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Live cattle futures posted $1.20 to $2.05 higher trade across the board on Friday, with June holding up $5 on the week as the cash market was a driver....
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