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October live cattle futures fell $1.55 to $220.70 and November feeder cattle lost $3.875 to $328.90 on profit-taking. USDA reported cash cattle averaging $222.82, and Douglas imports totaled 1,800 head for the week of September 15.
Expanded beef imports and Mexican feeder supply raise concerns about cow values and herd rebuilding, which can weigh on cattle futures even as cash prices stay firm.
Not enough comparable past events yet for a historical read.
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.