Live Cattle Futures Edge Lower as Beef Prices Slide
Live cattle futures fell in early trading as boxed beef prices were slightly lower last week. AgResource said the contract continues to take cues from USDA boxed beef prices.
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Live cattle futures fell in early trading as boxed beef prices were slightly lower last week. AgResource said the contract continues to take cues from USDA boxed beef prices.
Livestock futures were mixed, with cattle adding to last week’s gains while hogs extended their slide. A note cited slaughter down 21,000 head versus the prior week but above the 2025 Labor Holiday week, and boxed beef prices slightly lower.
On the first trading day of September, October Live Cattle fell $0.60 to $212.07 and October Feeder Cattle dropped $1.62 to $315.40. October Lean Hog edged down $0.02 to $83.65.