# Weekly Cattle Market Trends: Cash Prices, Feedlot Margins, and Packing Plant Utilization - Beef Web

> Beef Web's weekly cattle review for the week ending November 1 reports cash cattle up $0.25 per cwt to an average of $189.79, feedlot margins down to $129.04 per head and Choice cutout up to $316.14. Packing plant utilization was 84.8%, with feeder steer placements at $255.78 per cwt.

- Date: 2024-11-06 · published 2024-11-06T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/27543-weekly-cattle-market-trends-cash-prices-feedlot-margins-and-packing-plant
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Steady cash cattle and firm cutout values support feeder and live cattle prices, while lower feedlot margins limit further placement demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-03-02 | [Weekly Cattle Market Wrap Up \| Feeder cattle move off wheat pastures](https://feedsoft.ai/events/6024-weekly-cattle-market-wrap-up-feeder-cattle-move-off-wheat-pastures.md) | -0.5% | +4.2% |
| LCATTLE | 2020-07-22 | [USDA Releases Report on Boxed Beef and Fed Cattle Price Investigation](https://feedsoft.ai/events/52238-usda-releases-report-on-boxed-beef-and-fed-cattle-price-investigation.md) | -0.0% | +6.9% |
| LCATTLE | 2019-11-22 | [Cattle Current Weekly Highlights—Week ending Nov. 22, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/7035-cattle-current-weekly-highlights-week-ending-nov-22-2019-cattle-current-market.md) | +1.1% | +2.9% |
| LCATTLE | 2022-03-11 | [Weekly global protein digest: Australia's beef herd recovering, HPAI, US dairy markets
						 \| The Cattle Site](https://feedsoft.ai/events/42221-weekly-global-protein-digest-australia-s-beef-herd-recovering-hpai-us-dairy.md) | +0.5% | +0.3% |
| LCATTLE | 2021-08-05 | [Introducing the World’s First Global Producer Price Indices for Beef Cattle and Sheep](https://feedsoft.ai/events/45512-introducing-the-world-s-first-global-producer-price-indices-for-beef-cattle-and.md) | +0.4% | +3.1% |
| FCATTLE | 2016-08-24 | [Fall Feeder Cattle Market Prospects \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/9394-fall-feeder-cattle-market-prospects-ohio-beef-cattle-letter.md) | -2.7% | -6.9% |
| FCATTLE | 2017-08-28 | [Watching This Week: Yellow Grease, Brazil's Soybean Planting, and Mexican Feeder Cattle](https://feedsoft.ai/events/69545-watching-this-week-yellow-grease-brazil-s-soybean-planting-and-mexican-feeder.md) | +1.0% | +6.4% |
| FCATTLE | 2022-04-01 | [Corn Costs and Cattle Placement Weights \| UNL Beef \| Nebraska](https://feedsoft.ai/events/7627-corn-costs-and-cattle-placement-weights-unl-beef-nebraska.md) | +0.3% | +0.3% |

## Sources

- beefweb.com: https://beefweb.com/weekly-cattle-market-trends-cash-prices-feedlot-margins-and-packing-plant-utilization/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.