Pork and Beef Prices Hover Near Lows as Markets Brace for Tight Supply

In China, pork prices fell to a two‑month low of 9.51 yuan per kilogram on June 25, according to the China Pig Farming Network. Analysts cite seasonal demand and the lag in breeding cycles, predicting that prices may stabilize in the fourth quarter.

In the United States, cattle futures rose on the Chicago Mercantile Exchange as cash markets remain tight. Feeder cattle futures gained 0.38 cent per pound, while lean hog futures were mixed. USDA data showed the hog herd size staying roughly level year‑on‑year, and wholesale pork carcass prices edged higher to $95.22 per hundredweight. Analysts note that strong cash market prices are supporting futures despite recent retail price drops.