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Live cattle fell below its 100-day moving average to a new 2026 futures low as traders retreated from earlier highs. Cash fed cattle traded about $5 lower, and April feeder cattle dropped $13.85 by Friday's close.
Pressure also came from the US-Iran conflict and a possible strike at the JBS Greeley plant.
Lower cash trade and a possible plant strike reduce packer demand for fed cattle, pushing futures lower after a tight-supply rally. Feeder prices are under pressure from the same weakness.
dtnpf.comShayLe StewartMar 2, 2026Not 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.
Describes live cattle breaking below the 100-day moving average to a new 2026 low, with lower cash trade (~$5) and Greeley strike worries, a technical and sentiment-driven selloff.
