CME Group Inc.

03/16/2026 | Press release | Distributed by Public on 03/16/2026 14:56

Live Cattle and Lean Hogs futures moved higher.

Live Cattle futures opened the week with gains as strong beef demand and rising box prices supported the market. Despite data showing money managers reducing long positions, April Live Cattle futures rose to 233.95 while the June contract reached 232.32. Feeder Cattle futures also saw significant upside, driven by concerns over potential disruptions from a strike at the JBS Greeley plant. April Feeder Cattle futures climbed to 350.30 and May futures reached 346.00. Meanwhile, Lean Hogs futures remained firm as cutout prices trended higher. Increased slaughter pace and aggressive buying from packers contributed to the upward movement, with April Lean Hogs futures settling at 94.15 and June contracts at 108.12.
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