Feeder Cattle futures fell sharply as beef prices declined. 6/26/26

Feeder Cattle futures faced significant downward pressure today, dropping nearly $9 from the weekly high. The sell-off was driven by a decline in boxed beef prices, with Choice falling 2.62 and Select dropping $3.40, pushing August Feeder Cattle futures down $4.80 to settle at 368.50. Live Cattle futures also finished lower, remaining bound to the lower end of their recent sideways channel as prices stalled at key resistance levels. Conversely, Lean Hog futures caught a bid and finished the week firm. A neutral quarterly Hog and Pig report alongside aggressive Friday packer buying supported the front months, lifting August Lean Hogs up $1.30 to close at 97.90. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #FeederCattle #LiveCattle #LeanHogs