Cattle Outlook: Less Beef in Cold Storage During November

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.

• Jun 27, 2023Live cattle weaken on slowing demand - CME | The Beef Site-0.6%
• Nov 23, 2023US cattle futures sag - CME | The Cattle Site-1.3%
• Oct 25, 2023Live cattle futures continue to fall - CME | The Cattle Site+0.5%
• Apr 21, 2025Cattle Falls Out of the Long Weekend+2.0%
• Oct 28, 2020Cattle on Feed Grows Again | Ohio BEEF Cattle Letter+1.0%

After 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.

• Jun 27, 2023Live cattle weaken on slowing demand - CME | The Beef Site+6.1%
• Oct 25, 2023Live cattle futures continue to fall - CME | The Cattle Site-0.7%
• Apr 21, 2025Cattle Falls Out of the Long Weekend-1.0%
• Oct 28, 2020Cattle on Feed Grows Again | Ohio BEEF Cattle Letter+1.4%
• May 25, 2026Feeder cattle futures sink on surprise feedlot data - CME | The Cattle Site+0.5%