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Live cattle futures closed lower on Thursday and feeder cattle futures fell sharply, with April feeders down 42 cents. Cash fed cattle traded up to $248 in the South, and an auction recorded no sales.
Mexico reported over 1,200 active new world screwworm cases, including in Tamaulipas, while 2026 beef export sales trended lower.
Screwworm spread in Mexico raises the risk of further cattle trade and movement restrictions, which tends to pressure feeder and live cattle prices. Weaker export sales and expected lower placements and marketings add to the bearish tone for cattle-based feed demand.
jenniferwalkerderby.comNeely LednerNov 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.
