CME Group Inc.
10/13/2026 | Press release | Distributed by Public on 10/13/2026 15:16
Livestock futures edge lower as Lean Hog net short nears record.
Livestock futures saw a softer tone on Tuesday, with December Live Cattle slipping $0.22 despite a firm morning wholesale boxed beef report that saw choice cuts climb $0.98. Daily slaughter ran slightly ahead of last year's pace at 106,000 head. Feeder Cattle futures also drifted lower, accompanied by a 1.05% drop in the CVOL index, while positioning data highlighted funds holding a 71st percentile net long. Lean Hog futures continued their recent slide, falling $0.35 to $68.02, as market participants monitor a fund net short position approaching record levels.
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