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Live cattle futures traded steady to 27 cents higher and feeder futures rose $1.50 to $2.50 ahead of the USDA cattle-on-feed report. Traders expected September placements to fall 7.4% from a year earlier and marketings to fall 7%, and the Feeder Cattle Index was $343.57.
Expected declines in placements and marketings point to tighter cattle supplies, which supports cattle prices into the report.
finance.yahoo.comOct 23, 2026After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% 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.
