
USDA's weekly beef market data for the week ending August 7, 2026 showed boxed beef cutouts, with Choice cuts at 364.69 and Prime at 388.09. Cattle slaughter for the week to date was 509,000 head, below the prior week and year-ago levels, and cow slaughter was lower than the prior week.
Lower slaughter pace and tight cattle supplies support live and feeder cattle prices, while firm cutout values signal solid beef demand; by-product prices are a minor factor for feed.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% 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.