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Wisconsin's weekly livestock update reports the Choice beef cutout averaging $363.02, down $5.49 on the week and over $16 below early October. Cash hog values fell to their lowest levels of the year, and the five-area steer average dropped $8 to $216.52.
Lower cattle and hog values reflect weaker wholesale demand, which can cut prices for livestock and reduce the appetite for feed inputs. Smaller feedlot placements point to tighter supplies in early 2027.
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.