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Feeder cattle futures fell to a support level set in June, and boxed beef prices dropped. Traders are positioning ahead of a Cattle on Feed report due Friday, with analysts expecting on-feed numbers between 101.1% and 103.3% of the prior year.
A larger-than-expected cattle on feed figure would signal more supply, pressuring cattle prices and reducing demand for feed ingredients. Weak cash trade and lower packer bids add to downside pressure.
cat9productions.comJerrold ConsidineNov 14, 2026After 146 past bearish report events, Live Cattle moved a median -0.0% over 5 sessions (49% higher; middle half -1.1% to +0.9%), and +0.5% over 20.
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.
