USDA AMS data for November 2, 2026 show the all fed steer and heifer boxed beef cutout at 370.82, with Choice at 365.78 and Select at 353.11. The bundle also includes a weekly cattle summary dated October 30 and a tallow, protein and hide report for October 26-30.
Cutout levels set the carcass value packers can pay for fed cattle, so they feed directly into live and feeder cattle prices. This is a routine data compilation with no new cause, so the price impact is limited.
After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% 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.