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Cattle futures closed lower on Feb. 20 on weak negotiated cash trade, the Cattle on Feed report, and concern over a union vote at the JBS Greeley plant.
Live cattle averaged $1.35 lower and feeder cattle $2.57 lower. Choice boxed beef closed at $366.70.
Lack of cash direction and strike risk at a major packer pressure futures and feeder values. Packer strike risk can cut slaughter demand for fed cattle.
cattlecurrent.comWLIFeb 22, 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.
