CME Group Inc.

04/10/2026 | Press release | Distributed by Public on 04/10/2026 14:15

Live Cattle futures hit new contract highs.

Oliver Sloup breaks down a strong week for cattle markets, with June Live Cattle futures posting new contract highs and settling at 249.20. May Feeder Cattle futures also gained ground, pushing toward a key gap level from October. In the cash market, wholesale boxed beef prices remained firm, while the five-area average for live steers held steady. Sloup also notes a dip in implied volatility (CVOL) for both Live and Feeder Cattle, and highlights week-to-date slaughter figures trailing last year's pace by nearly 40,000 head.
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