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Tuesday, 1 July 2025
Investing

Cattle Face Mixed Action, as Front Months Supported by Cash Trade

Live cattle futures on Thursday saw 37 percent profit on June, tried to maintain the cash market, as other contracts were below 67 cents to $ 1.07. So far this week, $ 235-238 has been reported to the south, with action prepared at $ 380 in the north. Feeder cattle futures were mixed in Thursday’s session, with August 17 cents and other nearby near 25 to 40 cents. The CME Feeder Cattle Index was $ 1.23 on June 11 with an average price of $ 315.85.

The USDA prolonged the sale of beef exports 15,337 meters a week ended on June 5. It was 8-week high and almost double the week ago. South Korea was a 6,100 Mount buyer, with 3,200 metric tons sold to Japan. Shipment was 14,542 Mount, the highest wash in 3 weeks. Out of that total, 5,300 tonnes of South Korea was led with 4,200 tonne meters to Japan in South Korea.

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The USDA national wholesale boxing beef prices were higher on Thursday afternoon, with CHC/SEL spread to $ 13.65. The choice box was another $ 1.96 at $ 376.72, while the selection was quoted at $ 2.32 high $ 363.07/CWT. The USDA’s federally inspected the cattle slaughter for Thursday, which was 115,000 heads with a total of 456,000 heads weekly. It is 21,000 heads before the week and 32,969 heads below the same week last year.

June 25 Live Cattle Closed at $ 228.200, by $ 0.375,

25 August live cattle Closed at $ 216.950, $ 1.075 below,

25 October live cattle Closed at $ 214.350, $ 0.675 below,

August 25 feeder cattle Closed at $ 311.250, by $ 0.175,

25 September feeder cattle Closed at $ 310.550, $ 0.250 below,

25 October feeder cattle Closed at $ 308.450, below $ 0.400,

On the date of publication,

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There were no securities mentioned in this article (either direct or indirectly). All information and data in this article is only for informative purposes. For more information, please see the Barcart Disclosure Policy

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