
FCC's 2026 cattle outlook examines the cattle cycle, noting record 2025 prices and corrections. It projects whether herd expansion will begin in 2026 and gives price forecasts.
Expectations of herd rebuilding would reduce feeder supplies later, supporting feeder cattle prices and long-term feed demand, though the timing is uncertain.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
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.