
Fed cattle prices continued their downward trend, with southern cash near $237/cwt and northern prices as low as $232. The Choice cutout fell about $14 to $372, and packers scaled back kills amid losses.
December live cattle moved over 800 points in four days after a new screwworm case near the border.
Seasonal cutout weakness and packer pullback are pressuring cash cattle, while screwworm uncertainty drives extreme futures volatility and signals tighter supply ahead.
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.