
Live cattle futures closed $3.27 to $5.35 lower on Friday, with December down $10.17 on the week, as month-end selling and a sharp drop in equities pressured the market. Feeder cattle futures fell $8.70 to $10.57, and the CME Feeder Cattle Index slipped to $351.26.
Lower cattle futures reduce feedlot margins and can slow placements, which trims near-term demand for corn, barley and other feed inputs. The move is largely driven by month-end positioning rather than a new supply or demand shock.
Not 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.