
Live cattle and feeder cattle futures closed higher on Friday, with live cattle gaining 1.75 to 2.30 dollars per hundredweight and the December contract up 6.60 dollars for the week. The CME Feeder Cattle Index rose 4.86 dollars to 338.78 as of November 12.
USDA reported 2026 beef sales of 9,555 tonnes for the week ending November 5, while actual shipments reached 13,944 tonnes.
Strong shipments and a rising feeder cattle index point to firm demand for beef and tight cattle supply, which supports higher feeder and live cattle prices. Higher beef values can also raise costs for feed-lot operators and feed buyers serving cattle.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.