Lean hogs climb as futures lag cash markets - CME

Sep 08, 2025

Chicago Mercantile Exchange (CME) cattle futures fell for a third consecutive day on Thursday in profit-taking and technical selling setback following recent highs and amid some weaker-than-expected cash market sales this week, reported Reuters.

Elevated beef prices, tight cattle supplies and profitable packer margins, however, limited losses, analysts said.

Rising beef values have supported cattle futures for months, and traders now are assessing whether high prices could begin weighing on beef demand at the end of the summer outdoor grilling season.

The US Department of Agriculture (USDA) said the wholesale choice boxed beef value fell $1.80 per hundredweight on Thursday to $414.21 per cwt, down from the prior day's high that was the loftiest since May 2020. The select cutout gained 4 cents to $387.77 per cwt.

CME October live cattle futures ended 1.375 cents lower at 236.950 cents per pound. Feeder cattle followed, with the October contract ending the day down 2.550 cents at 358.950 cents per pound.

A small number of cattle traded at $242 per cwt at Southern Plains feedlot markets, steady with last week but below early-week expectations for slightly firmer values, traders said.

Beef packer margins rose to $103.45 per head on Thursday, up from $65.25 a week ago, according to Denver-based livestock marketing advisory service HedgersEdge.

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Video: Shearing Delay Leads To Kingston 4H Sheep Show!

What started as a disappointment turned into a day full of surprises, fun, and celebration as we leave Ewetopia Farms behind and head out to the Kingston Fair to watch the 4H sheep show

Today’s vlog was supposed to be another sheep shearing day here at Ewetopia Farms, but when our shearer had to cancel, we suddenly found ourselves with an unexpected free day. Lucky for us, the Kingston Fair was happening — and some of our own sheep (and friends) were competing!

We brought along our shearing helper and headed to the fairgrounds to cheer on the 4H kids and see how our sheep did in the show. From last-minute preparations and sheep showmanship to market lamb competitions and ewe classes, we take you behind the scenes of what it’s really like at a country fair.

We couldn’t be prouder — our girls walked away with wins in both showmanship and breeding ewe classes! Afterwards, we toured the fair, met a beekeeper with fascinating insights, admired other livestock shows, and wrapped up the evening with motocross stunts and a demolition derby!

Sometimes farm life throws curveballs — but today, it gave us the chance to celebrate community, our sheep, and the next generation of shepherds.