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Live and feeder cattle futures slumped on November 18 as traders awaited the USDA Cattle on Feed report, which was delayed by the government shutdown. Analysts expected feedlot inventories on November 1 to be down 2.2% from a year earlier.
Lean hog futures fell to their lowest level in about seven months on ample supplies.
Expected tight feedlot inventories support cattle prices, but the report's outcome and possible beef import increases can move futures sharply. Weak hog futures signal lower pork and feed demand ahead.
thecattlesite.comMelanie EppNov 19, 2025Not 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.
