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17 clusters · 26 sources · 96 days · First seen · Last updated

Categories: BUSINESS

US livestock futures market dynamics

Entities: United States Department of Agriculture · Mexico · Chicago Mercantile Exchange · Mexican feeder cattle · Douglas, Arizona port

Overview

May‑June 2024 saw live‑cattle and feeder‑cattle futures swing on profit‑taking, drought‑driven herd cuts and a brief lift of the Mexican cattle import ban, while lean‑hog prices tracked pork demand. Early July 2026 hot weather and a pre‑Independence Day slowdown pushed live‑cattle futures down about $2.60 per pound and feeder cattle similarly, as USDA export‑sales spiked and packer margins fell near $295 per head. By mid‑July cash cattle prices in the Plains fell $7 per cwt, packer margins deepened, and technical selling was amplified by rising corn prices, western drought‑driven herd contraction and continued Mexican import restrictions. Late July feeder cattle rebounded on profit‑taking and firm pork prices; lean‑hog futures rose on stronger pork. Early August the USDA lifted the Mexican ban again, prompting modest gains in live and feeder cattle futures and a recovery in lean‑hog futures. The United States began a phased reopening of its border to Mexican live cattle on 4 August, starting with Sonora quarantine stations; the closure had cost Mexico over $2 billion in lost export revenue and depressed domestic prices. USDA health reviews cleared additional states, and the first shipments proceeded, though the cattle borer remained active in 1,826 cases, with only a few states certified pest‑free. Preparations include electronic ID chips and detection dogs.

In early August Mexico confirmed Sonora’s pest‑free status and readied the first shipments, using electronic ID chips and detection dogs. The USDA’s ban lift lifted CME live‑cattle futures 2.2 cents to $2.34/lb and feeder cattle 2.1 cents, as traders priced tighter supply. Meanwhile U.S. feedlot inventories rose about 250,000 head and June cattle harvest fell, adding bearish pressure despite the slated resumption of Mexican feeder cattle imports from late August.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

Timeline

  1. about 18 hours ago

    [BUSINESS] 2 sources
    US cattle market sees bearish pressure as feedlot inventories rise

    US cattle market turns bearish as harvest drops, feedlot inventories rise, prices climb and Mexican feeder cattle imports resume in late August.

  2. 3 days ago

    [BUSINESS] 5 sources
    CME cattle futures climb as USDA lifts Mexican cattle import ban

    CME cattle futures rose on tight supply after USDA lifted the Mexican cattle import ban; live and feeder cattle gained, while hog futures slipped amid stable beef demand.

  3. 4 days ago

    [BUSINESS] 9 sources
    Mexico prepares to resume cattle exports to United States

    Mexico will gradually reopen live‑cattle exports to the U.S. starting in August, beginning with Sonora, after USDA sanitary reviews; the closure cost over $2 bn and producers expect price recovery.

  4. 6 days ago

    [BUSINESS] 6 sources
    USDA lifts Mexican cattle ban, spurring futures rise and Cargill labor deal

    USDA lifted its ban on Mexican cattle imports, easing supply and boosting cattle futures, while Cargill secured a tentative labor agreement in Fort Morgan, Colorado, ending a lockout.

  5. 9 days ago

    [BUSINESS] 6 sources
    US cattle futures rebound after USDA lifts Mexican cattle import ban

    USDA lifted its ban on Mexican cattle imports, triggering a sell‑off in cattle futures that rebounded on Wednesday as CME prices rose, while hog futures slipped on weak pork demand.

  6. 17 days ago

    [BUSINESS] 3 sources
    US cattle futures rebound as feeder prices rise after June lows

    Feeder cattle futures rose 2.60 cents to 343.775 cents/lb after June lows, while live cattle slipped and grain prices rose modestly; strong pork prices and USDA report anticipation drove market moves.

  7. 19 days ago

    [BUSINESS] 3 sources
    CME cattle and hog futures show mixed trends as USDA reports loom

    CME live cattle futures fell for a 15th straight session, while lean‑hog futures rose to a two‑month high, as USDA reports and summer heat shift demand in U.S. meat markets.

  8. 23 days ago

    [BUSINESS] 6 sources
    CME cattle futures fall as weak cash prices and technical selling pressure market

    CME live and feeder cattle futures fell to March lows amid weak cash prices, technical selling and rising corn costs, while hog futures posted mixed moves.

  9. 27 days ago

    [BUSINESS] 5 sources
    CME livestock futures dip as cash cattle prices fall $7 per hundredweight

    CME live cattle futures fell as cash cattle prices dropped $7 per hundredweight to about $248; pork cutout rose to $101.34 per cwt and hog futures were mixed.

  10. about 1 month ago

    [BUSINESS] 2 sources
    US cattle and hog futures fall ahead of July 4 holiday

    US live cattle futures slipped about $2.5 per lb while lean hog futures rose modestly, as hot weather and packer losses pressure beef markets ahead of the July 4 holiday.

  11. about 2 months ago

    [BUSINESS] 6 sources
    US cattle futures rise as tight supply fuels price gains

    US cattle futures rose on the CME as USDA data showed tighter feedlot supply and a pest outbreak, while beef prices climbed and pork prices fell.

  12. about 2 months ago

    [BUSINESS] 2 sources
    US cattle futures decline as profit‑taking and feedlot data weigh

    US cattle futures fell as traders took profits and USDA data showed modest feedlot growth and a sharp drop in May placements, while hog futures rose amid falling pork prices.

  13. about 2 months ago

    [BUSINESS] 2 sources
    US cattle and hog futures climb as supply cues and USDA screwworm response lift markets

    US cattle futures rose on tight supplies, while hog futures gained on higher pork carcass prices; beef fell after a JBS plant closure and USDA reported screwworm cases.

  14. 2 months ago

    [BUSINESS] 2 sources
    U.S. cattle futures dip amid consumer spending worries

    U.S. live and feeder cattle futures fell Friday amid worries that high gas prices and weak consumer sentiment will curb beef demand; USDA reported lower beef cut prices and packers’ losses narrowed, while hog‑f

  15. 2 months ago

    [BUSINESS] 4 sources
    US cattle futures rise after USDA reports higher-than‑expected feedlot placements

    USDA data showed April feedlot placements up 5.5%, beating forecasts and buoying live and feeder cattle futures, while easing beef‑demand worries and modestly lifting pork cutout prices.

  16. 3 months ago

    [BUSINESS] 3 sources
    US cattle futures climb on tight supply and rising feedlot placements

    US cattle futures rise on tight supply and feedlot growth; hog futures hit lowest since Dec.

  17. 3 months ago

    [BUSINESS] 2 sources
    U.S. cattle and hog futures slide on profit‑taking, tighter packer margins

    Cattle and hog futures fell after profit‑taking as packer margins tightened and demand outlook stayed mixed.

Sources

brownfieldagnews.com · bygumbygolly.com · canal44.com · cronicadelpoder.com · diario.mx · dis-blog.thalesgroup.com · elefanteblanco.mx · es.webmd.com · feedlotmagazine.com · heraldo.mx · inspiyr.com · mecardo.com.au · mexico-now.com · midwestfarmreport.com · muropolitico.mx · northqueenslandregister.com.au · q106.com · queenslandcountrylife.com.au · thebeefsite.com · thecattlesite.com · theland.com.au · thelibertydaily.com · thepigsite.com · toledoblade.com · tribuna.com.mx · tsln.com

This summary has been updated 6 times: see revision history