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U.S. livestock: Cattle fall, hogs made modest gains

Chicago cattle futures fell whereas hog contracts made modest positive factors after buying and selling resumed on Friday following the Juneteenth vacation.

Most lively August dwell cattle closed at 209.825 cents per pound, down 1.850 cents. October contracts settled at 207.350 cents per pound, down 1.875 cents.

Most lively August feeder contracts closed at 302.450 cents a pound, down 1.725 cents. September feeders settled at 302.225 cents a pound, down 1.575 cents.

Selection boxed beef closed at $390.50 per cwt, down $3.29. Choose boxed beef was valued at $376.95 per cwt, up $2.36, the USDA stated.

The USDA put out its June cattle on feed report on Friday. Cattle and calves on feed totalled 11.4 million head as of June 1, one per cent down from a 12 months prior. Might feedlot placements have been down eight per cent from 2024. Marketings of fed cattle in Might totaled 1.76 million head, 10 per cent down from 2024.

Most-traded August lean hog contracts settled at 112.450 cents a pound, up 0.450 cents. October lean hogs closed at 96.025 cents per pound, up 0.875 cents.

Pork carcass cutout worth ended at $122.14 per cwt, up $3.16 in accordance with the USDA’s afternoon report.

 

 

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