Archive · 11 Jun 2025
Cattle Futures Mixed Amid Speculation and Raids
The cattle market had a mixed day.
Some types of cattle futures went down, while others went up.
This was because of rumors about immigration officials at meat packing plants.
It's unclear if the rumors are true, but they caused worry.
The price of beef cuts went up.
Experts said that since futures were already high, anything could cause prices to change.
Pork prices also changed, some up and some down.
Live cattle futures closed mixed.
Feeder cattle futures hit contract highs.
Rumors of immigration raids in Nebraska influenced futures.
Cash cattle traded in Texas at $235 per hundredweight.
Wholesale beef prices increased.
- Who
- Brokers, analysts, and the U.S. Department of Agriculture.
- What
- Live cattle futures ended mixed, feeder cattle futures hit contract highs, and wholesale beef prices increased.
- When
- June 10, based on Tuesday's trading activity.
- Where
- Chicago Mercantile Exchange (CME), Nebraska, and Texas.
- Why
- Market influenced by profit-taking, rumors of immigration raids, and strong cash cattle markets.
Market Uncertainty
Industry Optimism
Market Impact of Immigration Rumors
Market Uncertainty
Rumors of immigration raids caused market volatility.
Industry Optimism
Strong cash cattle markets and high beef prices support the market.
- Live Cattle Futures
- Mixed
- August Live Cattle Futures
- 218.200 cents/pound
- August Feeder Cattle Futures
- 313.150 cents/pound
- Cash Cattle Price (Texas)
- $235/hundredweight
- Choice Beef Cut Price
- $371.76/cwt