Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Cattle futures decline amid JBS closure
Business market update

Cattle futures decline amid JBS closure

Analysis based on 37 articles · First reported Jun 12, 2026 · Last updated Jul 13, 2026

Sentiment
-10
Attention
2
Articles
37
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

Cattle futures declined amid weak cash trade and JBS plant closure, pressuring prices. Wholesale beef prices remain mixed, and slaughter volumes are below year-ago levels, indicating tighter supply.

agriculture livestock meat processing
Event Summary

Live cattle futures and feeder cattle futures experienced mixed to lower trading over the period, with cash trade slow and wholesale boxed beef prices mixed. JBS announced the planned closure of its Souderton, PA slaughter plant, which has a kill capacity of nearly 2,000 head per day. The USDA reported pasture ratings and weekly export sales, while the CFTC showed managed money trimming net long positions in live cattle. Cochliomyia cases in the US have climbed to 9, affecting livestock in United States — Texas and Mexico.

Key Actions
70 JBS N.V. announced closure of
60 Cochliomyia infected animals United States
50 United States — United States Department of Agriculture tallied export shipments
40 United States — United States Commodity Futures Trading Commission showed managed money net short
30 United States — United States Department of Agriculture reported pasture rating
Entities Involved
cmdt
Live cattle futures
Live cattle futures futures declined across most contracts, reflecting weak cash trade and market sentiment.
Importance 80.0 Sentiment -20.0
stock
JBS N.V.
JBS announced closure of its Souderton, PA slaughter plant, reducing processing capacity and potentially impacting supply.
Importance 70.0 Sentiment -30.0
cmdt
CME Feeder Cattle Index
CME Feeder Cattle Index futures were mixed to lower, with the CME Feeder Cattle Index fluctuating.
Importance 70.0 Sentiment -15.0
cnt
United States
US cattle market faces supply tightness and screwworm outbreak, affecting livestock.
Importance 60.0 Sentiment -5.0
govactor
United States — United States Department of Agriculture
USDA reported pasture ratings, weekly export sales, and cattle slaughter estimates, providing market data.
Importance 50.0 Sentiment 0.0
cmdt
Beef
Wholesale boxed beef prices were mixed, with Choice and Select spreads varying.
Importance 50.0 Sentiment -10.0
exch
CME Group
CME Group hosts trading of live and feeder cattle futures, which saw price declines.
Importance 40.0 Sentiment 0.0
oth
Cochliomyia
Cochliomyia cases in the US have climbed to 9, affecting livestock and prompting concern.
Importance 40.0 Sentiment -20.0
govactor
United States — United States Commodity Futures Trading Commission
CFTC data showed managed money trimming net long positions in live cattle futures.
Importance 30.0 Sentiment 0.0
loc
United States — Texas
United States — Texas reported screwworm cases in goats and cattle, impacting livestock health.
Importance 30.0 Sentiment -15.0
cnt
Mexico
Mexico reported screwworm cases in a dog, contributing to the outbreak.
Importance 20.0 Sentiment -10.0
Relationships
United States related ↔ United States — United States Department of Agriculture
United States related ↔ Beef
United States related ↔ CME Group
United States related ↔ United States — United States Commodity Futures Trading Commission
United States — United States Department of Agriculture related ↔ Beef
United States — United States Department of Agriculture related ↔ CME Group
United States — United States Department of Agriculture related ↔ United States — United States Commodity Futures Trading Commission
CME Group related ↔ United States — United States Commodity Futures Trading Commission
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