--- title: "Cattle Slipping Lower on Monday" type: "News" locale: "en" url: "https://longbridge.com/en/news/286885400.md" description: "Live cattle futures saw a slight increase of 12 cents in June contracts, while other contracts fell by 30 to 40 cents. Cash trade ranged from $260-265 in the South and $408-415 in the North. Feeder cattle futures dropped by $2 to $2.35. China renewed export licenses for over 400 US beef plants and committed to purchasing $17 billion annually of U.S. agricultural products from 2026 to 2028. Wholesale boxed beef prices rose, with USDA estimating cattle slaughter at 53,500 head last week." datetime: "2026-05-19T09:20:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286885400.md) - [en](https://longbridge.com/en/news/286885400.md) - [zh-HK](https://longbridge.com/zh-HK/news/286885400.md) --- # Cattle Slipping Lower on Monday Live cattle futures are up 12 cents in the front month June contracts, with others down 30 to 40 cents. Cash trade was mostly $260-265 in the South last week, with northern trade at $408-415 dressed and up to $265 live. Feeder cattle futures are down $2 to $2.35, with May slipping 15 cents. The CME Feeder Cattle Index was down $3.14 to $370.09 on May 14. China has renewed expired export licenses for more than 400 US beef plants after letting them lapse. On Sunday, the White House released a fact sheet on the US/China talks from last week, in part stating that “China will purchase at least $17 billion per year of U.S. agricultural products in 2026 (prorated), 2027, and 2028, in addition to the soybean purchase commitments that it made in October 2025.” Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. CFTC data showed managed money slashing 11,079 contracts from their net long in live cattle futures and options as of Tuesday, mainly via long liquidation, taking it to 130,886 contracts. In feeder cattle futures and options, specs were adding shorts and cutting longs, cutting 3,539 contracts from their net long to 15,186 contracts. Wholesale Boxed Beef prices were higher in the Monday report, with the Chc/Sel spread at $1.86. Choice boxes were up $2.67 to $391.92, while Select was 81 cents higher at $390.06 USDA estimated federally inspected cattle slaughter for last week at 53500 head. That was up 8,000 head from the week prior but 31,109 head below the same week last year. Jun 26 Live Cattle are at $254.025, up $0.125, Aug 26 Live Cattle are at $247.575, down $0.350, Oct 26 Live Cattle are at $239.500, down $0.375, May 26 Feeder Cattle are at $368.525, down $0.150 Aug 26 Feeder Cattle are at $359.375, down $2.075 Sep 26 Feeder Cattle are at $356.825, down $2.350 _On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here._ More news from Barchart - Strong Fundamentals Are Pushing Cattle Prices Higher, But Hogs Need a Boost - Will Beef and Pork Futures Rally as the 2026 Grilling Season Arrives? - Grain Market Update: Are Iran Ceasefire Rumors Creating a Commodity Trap The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [516670.CN](https://longbridge.com/en/quote/516670.CN.md) - [159865.CN](https://longbridge.com/en/quote/159865.CN.md) - [159867.CN](https://longbridge.com/en/quote/159867.CN.md) - [516760.CN](https://longbridge.com/en/quote/516760.CN.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) ## Related News & Research - [Cattle Look to Wednesday Trade After Tuesday Gains](https://longbridge.com/en/news/287064797.md) - [Hogs Look to Tuesday Trade](https://longbridge.com/en/news/286929619.md) - [Strong Fundamentals Are Pushing Cattle Prices Higher, But Hogs Need a Boost](https://longbridge.com/en/news/286811566.md) - [A smart bull needs to recognize when the facts change, says Jim Cramer](https://longbridge.com/en/news/286623505.md) - [Cargill locks out 1,700 workers at US beef plant in labor dispute](https://longbridge.com/en/news/287109819.md)