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  • Live cattle futures edge lower, feeder cattle down as beef prices rise
    June 29, 2026, 8:56 PM EDT. June live cattle futures slipped 5 cents while other contracts lost $1.22 to $2.25, as cash trade stayed quiet. Feeder cattle finished $1.60 to $2.37 lower, and the CME Feeder Cattle Index eased 50 cents to 380.39. USDA reported federally inspected slaughter at 107,000 head, up on the week but nearly 10,000 below last year. Boxed beef was stronger, with Choice up 41 cents to $391.44 and Select gaining $2.60 to $374.18. The Choice-Select spread was $17.26. U.S. pasture condition ticked a bit higher, signaling some improvement for grazing. Cattle and beef showed mixed signals today around supply and demand.
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