Archive · 21 Nov 2025
Cattle Futures Plummet Amid Fund Selling and Lower Cash Prices
Cattle futures at the Chicago Mercantile Exchange (CME) fell again on Thursday.
This is because big investors are selling their shares, and cash prices for cattle are going down.
Earlier this year, beef prices were very high because there were fewer cattle due to a drought.
Now, even though people still want to buy beef, the price of cattle is dropping because of these sales and lower cash prices.
U.S. cattle futures dropped at CME due to fund selling and lower cash prices
President Trump's comments on beef prices led to recent selloffs
Beef prices set records this year due to drought and reduced cattle herd
CME February live cattle futures closed down 1.85 cents at 215.400 cents per pound
January feeder cattle futures slumped 5.075 cents to end at 316.375 cents per pound
- Who
- U.S. cattle futures, big investors, cattle ranchers, meatpackers
- What
- Cattle futures dropped at CME due to fund selling and lower cash prices
- When
- Thursday, November 20
- Where
- Chicago Mercantile Exchange (CME)
- Why
- Fund selling, lower cash prices, reduced cattle herd due to drought
Fund Sellers
Cattle Industry
Reason for selling
Fund Sellers
Fund sellers are using small rallies as selling opportunities to get out of long positions
Cattle Industry
Cattle industry is concerned about the relentless fund selling pushing down prices
- CME February live cattle futures closing price
- 215.400 cents per pound
- CME January feeder cattle futures closing price
- 316.375 cents per pound
- Estimated cattle on feed in U.S. feedlots on November 1
- Down 2.2% from a year earlier