Cattle & Hogs: Futures Dip Amid Supply Pressures
Update: 2025-10-22
Description
Cattle and hog futures took a hit on the Chicago Mercantile Exchange, with most contract months showing declines amid larger supplies and softening demand, especially in beef. Traders are eyeing export numbers and cooling consumer appetite, contributing to a bearish outlook and profit-taking. Trading volume plummeted, but open interest ticked up, signaling caution as the market awaits key supply reports and retail demand data to determine if this downturn is a temporary dip or a sign of further weakness.
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