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December live cattle fell $3.525 to $227.325, near the daily low and at a two-week low, while November feeder cattle dropped $3.275 to $346.75. Lean hog losses spilled over into cattle, and cash cattle averaged $228.40 in light midweek trade.
Choice boxed beef fell $2.51 to $369.71.
Profit-taking after recent gains and weaker hogs pressured cattle futures, with cash trade still near record levels. Lower boxed beef values could cap near-term cattle price gains for feeders.
profarmer.comOct 28, 2026Not 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.
Reports the sharp feeder decline as profit-taking after recent highs, with spillover selling from sharply lower lean hogs and weaker boxed beef weighing on sentiment.
Reports the sharp feeder decline as profit-taking after recent highs, with spillover selling from sharply lower lean hogs and weaker boxed beef weighing on sentiment.
Hogs were still searching for a bottom, with sharp lean hog losses noted midweek.
