USDA data showed negotiated cash cattle trades on October 30, 2026 at a weighted average of $223.65/cwt within a range of $221 to $226. Delivered steers in the same grade were also reported, with heavy Choice volume at 2,137 head.
Cash cattle price discovery feeds directly into feeder and live cattle futures, so the level of cash trade shapes expectations for finished cattle demand for feed.
After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% over 20.
After 44 past neutral report events, Feeder Cattle moved a median +0.3% over 5 sessions (59% higher; middle half -0.9% to +1.0%), and +0.5% 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.