Chicago Mercantile Exchange (CME) cattle futures on Friday ended lower on technical trading, amid concerns about inflation and potential trade retaliation from broad tariffs promised by U.S. President Donald Trump next week, market analysts said.
Cattle futures on the Chicago Mercantile Exchange were mixed on Tuesday, seeing continued strength in the front months at the close while edging lower in the more deferred contracts.
Both live and feeder cattle futures made healthy gains to start the trading week at the Chicago Mercantile Exchange, and boxed beef continued to climb on strong consumer demand.