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December live cattle fell $1.025 to $226.30 and November feeder cattle lost $0.275 to $346.475 on profit-taking and long liquidation. USDA reported cash steers averaging $224.13 at midday, and boxed beef prices fell, with Choice down $1.50 to $367.50.
Lower cash cattle and weaker boxed beef reduce packer margins and bid for feeder cattle, pressuring futures. The technical picture has deteriorated modestly.
profarmer.comOct 29, 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.
Lower cash cattle, weaker boxed beef and deteriorating technicals signaled long liquidation risk that likely carried into the sharp feeder decline.
Lower cash cattle, weaker boxed beef and deteriorating technicals signaled long liquidation risk that likely carried into the sharp feeder decline.
