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Cattle futures broke down on January 30 ahead of the USDA Cattle Inventory report, even as cash fed cattle traded as high as $241 live and the Feeder Cattle index hit a new high of 370.69. March feeders showed weakness from the open and fell, dragging fat cattle lower.
Futures weakness despite firm cash prices reflects positioning ahead of the inventory report rather than a change in fundamentals. Feed buyers face near-term volatility in cattle values.
feedlotmagazine.comKatelyn SteffensJan 30, 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.
