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CME live and feeder cattle futures edged higher on tight cattle supply and new screwworm cases in Mexico. The average packer margin improved to a negative $220 per head from negative $347.25.
A possible strike at a large Greeley, Colorado beef plant was also noted.
Tight supply supports futures, though negative packer margins and a possible plant strike could weigh on cash cattle demand.
thecattlesite.comMelanie EppMar 3, 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.
