Live Cattle Jun '26 (LEM26)
Live Cattle Futures Market News and Commentary
Live cattle futures closed are falling $1.45 to $2 so far on Thursday. There were a few cash sales of $403 dressed in the north this week, with live trade at $255-256. Southern trade has started at $255. Feeder cattle futures are $1.585 to $1.70 lower across the nearbys so far on Thursday. The CME Feeder Cattle Index was down 41 cents on June 30 to $376.99. The market will observe the July 4th Independence Day Holiday on Friday, for a 3-day weekend.
Export Sales data from USDA showed beef sales for 2026 at 126,062 MT for the week ending on 6/25, a calendar year high. Shipments were tallied at 128,967 MT, which was a 2026 high. There was 111,164 MT in late reporting for sales and shipments.
Wholesale Boxed Beef prices were lower in the Thursday morning report, with the Chc/Sel spread at $18.45. Choice boxes were down $3.61 at $387.65, with Select 49 cents lower to $369.20. USDA’s federally inspected cattle slaughter for Wednesday was estimated at 110,000 head, with the we... Read more
Swift Trading Company · Thu Jul 2, 2:12PM CDT
In my opinion, the first half of this year's higher trading is no Aesop's fable of "The boy who cried Wolf".
Barchart · Thu Jul 2, 12:16PM CDT
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