# Hales Cattle Market Letter July 2026 | Meatingplace

> Hales Trading Co. reports that August live cattle settled at $239.22 after a fifth consecutive lower close and that the chart is negative with support at $235. Slaughter was 109,000 head with week-to-date at 433,000, and cash trade was $255 with some Nebraska dressed sales at $402.

- Date: 2026-07-02 · published 2026-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5239-hales-cattle-market-letter-july-2026-meatingplace
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Technical deterioration and steady slaughter point to further cattle price weakness, reducing feedlot demand for feed ingredients.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2026-07-08 | 5 | -4.9% | -3.2 | Fifth consecutive lower close with a negative chart and support at $235 indicates technical selling momentum behind the drop. |
| LCATTLE | 2026-07-06 | 5 | -4.7% | -3.2 | August live cattle posted a fifth straight lower close with a negative chart, showing persistent technical selling momentum. |

## Sources

- meatingplace.com: https://meatingplace.com/hales-cattle-letter-for-july-2-2026/

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