
August feeder cattle and live cattle futures lost more than $9 and $8 per cwt over two weeks, with August live cattle hitting their lowest since early December 2025. Analysts attributed the slide to long liquidation and softening cash fundamentals.
USDA's July report showed the total cattle inventory up 0.2%, the first increase since 2018.
Heavy liquidation and weaker cash prices reduce near-term cattle values, while the first herd increase in years hints at slower future feeder demand. Feed buyers face lower cattle-feeding margins until prices stabilize.
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.