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Western Canadian feeder cattle prices were steady to $10/cwt lower in the week ending November 22, with heavier weights under pressure. Feedlots are reducing purchases because unhedged cattle are underwater for winter and spring 2026 as the fed market weakens.
Reduced feedlot purchases lower near-term feeder cattle demand and weaken feed grain demand from Canadian feedlots.
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.