Live cattle futures saw gains of $1.50 to $2.97 most contracts on Tuesday. There were no deliveries issued on Tuesday, with the oldest long dated August 11, 2025. Open interest was down 4,823 contracts on Tuesday. Cash trade was mainly $256-258 last week, with the early week action thus far compiling showlists. Feeder cattle futures closed with $2.00 to $3.45 gains across the board on Tuesday. The CME Feeder Cattle Index was up another $5.63 on June 5 to $367.01
The weekly NASS Crop Progress report showed the US pasture rating at 31% gd/ex, up 1% from the week prior. The Brugler500 index was up 6 points to 278.
Mexico suspended imports of cattle from the US late on Tuesday due to the recent rise in screwworm cases. US exports to Mexico totaled just 11,110 head in 2025.
Wholesale Boxed Beef prices were mixed in the Tuesday PM report, with the Chc/Sel spread at $15.97. Choice boxes were up 70 cents to $392.90, while Select was $1.16 lower at $376.93. USDA’s federally inspected cattle slaughter on Tuesday was estimated at 109,000 head, with the weekly total at 211,000 head. That is down 3,000 from the previous week and 18,963 head below the same week last year.
Jun 26 Live Cattle  closed at $248.025, up $1.500,
Aug 26 Live Cattle  closed at $239.700, up $2.975,
Oct 26 Live Cattle  closed at $232.125, up $2.775,
Aug 26 Feeder Cattle  closed at $354.150, up $3.450,
Sep 26 Feeder Cattle  closed at $350.700, up $3.250,
Oct 26 Feeder Cattle  closed at $346.900, up $3.125,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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