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Feeder cattle futures dove after the USDA released its cattle-on-feed data, according to a Reuters headline. The report followed a week of sharp losses in cattle futures.
The full article is behind a paywall, so details beyond the headline are not available.
A USDA report that prompted a sharp feeder futures decline signals larger feedlot inventories and weaker feeder demand. Feeder and fed cattle prices are likely to stay under pressure until the market absorbs the data.
in.marketscreener.comReutersMay 23, 2026After 126 past bearish report events, Feeder Cattle moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +2.0%), and +0.6% over 20.
After 144 past bearish report events, Live Cattle moved a median -0.1% over 5 sessions (49% higher; middle half -1.1% to +0.9%), 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.
