Feeder Cattle futures slide from recent highs as demand slows. 5/8/26

Virginia McGathey of McGathey Commodities recaps the latest trading in the livestock markets. Live Cattle futures traded mixed and mostly sideways, caught between higher cash trades and falling boxed beef prices as traders watch for potential market tops. Feeder Cattle futures took a sharper hit, falling $17.85 from last Friday's high amid signs of slowing demand, raising questions about a broader market decline. Meanwhile, Lean Hog futures continued their multi-week slide, dropping $13 since early March as lower cash prices pressure the market. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #livestock #cattle #hogs