Feeder cattle futures cme cME feeder cattle futures rose for the

CME feeder cattle futures rose for the second straight day to $2.60/lb, supported by higher demand in Nebraska and Kansas. Hedge funds added moderate long positions, signaling bullish sentiment tied to seasonal feeder demand ahead of fall grazing. As the 2025 winter season approaches, the odds favor price weakness in meats and gasoline prices over the coming weeks and months. However, livestock futures remain at record highs and were elevated during the 2024/2025 offseason. Meanwhile, gasoline demand should decline as temperatures drop, but crude oil and oil products remain sensitive to events in the Middle East. CME Globex: Monday - Friday: 8:30 a.m. - 1:05 p.m. CT TAS: Monday - Friday 8:30 a.m. - 1:00 p.m. … CME feeder cattle futures are trading within a tight two-week range, holding above $2.58/lb as traders weigh drought-related herd liquidation against strong feedyard placements. Technical charts point to firm support at $2.55 and resistance near $2.