Feeder cattle futures sink on surprise feedlot data - CME

After 126 past bearish report events, Feeder Cattle moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +2.0%), and +0.6% over 20.

• Nov 11, 2020CME update: feed cattle futures dip as corn prices rise | The Cattle Site-2.5%
• Oct 25, 2023Live cattle futures continue to fall - CME | The Cattle Site-0.7%
• May 23, 2026LIVESTOCK-Feeder cattle futures dive as USDA releases cattle-on-feed data | MarketScreener India+0.5%
• Apr 30, 2020Feeder cattle aren't in feedlots+3.8%
• Jun 27, 2023Live cattle weaken on slowing demand - CME | The Beef Site+6.1%

After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% over 20.

• Nov 11, 2020CME update: feed cattle futures dip as corn prices rise | The Cattle Site+1.3%
• Jul 30, 2020Cattle futures look for price direction+1.1%
• Jan 1, 2019Cattle Feeders Place More Heifers on Feed+0.2%
• Nov 29, 2017Cattle on Feed | Ohio BEEF Cattle Letter-0.7%
• Mar 2, 2017Weekly Cattle Market Wrap Up | Feeder cattle move off wheat pastures-0.5%