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Live cattle futures fell sharply on February 23, with April live cattle down $2.75 to $239.25 and March feeders down $3.72 to $364.30. Lean hog futures rose on technical buying and firm cash and wholesale trade.
Boxed beef closed sharply higher, with Choice up $2.52 to $369.22.
Cattle weakness reflects profit-taking and broader tariff-related risk-off trading, while firmer boxed beef and cash hog trade support the hog complex. Feeder cattle prices remain sensitive to tight supply.
brownfieldagnews.comKellan HeavicanFeb 23, 2026Not enough comparable past events yet for a historical read.
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.
