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Ventum Financial's David Derwin says cattle futures have moved sideways over the summer after a downtrend in early summer. Prices have risen over the past month, with November feeders moving from $300 to $330.
He notes beef plant closures and US import policy as factors, though the longer-term supply picture is unchanged.
Sideways trading with a modest recent rise suggests balanced near-term pressure, but the cattle inventory outlook still points to a wide trading range.
saskagtoday.comRyan YoungSep 29, 2026Not 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.
