# No Rhyme, No Reason

> DTN livestock analyst ShayLe Stewart describes a sharp decline in cattle futures last week: October live cattle fell $5.88, December live cattle $10.18, November feeder cattle $10.55 and January feeder cattle $13.58. Southern live cattle cash traded around $224, down $3.00, and Northern dressed cattle at $348-$365, down $13.00 from the prior week's weighted average.

- Date: 2026-11-02 · published 2026-11-03T00:07:24.777Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/76387-no-rhyme-no-reason
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower cash and futures prices for fed cattle and feeders reduce the value of finished cattle and feeder inventory, which weighs on the cattle sector's demand for feed. The column attributes the move to market sentiment rather than a clear fundamental cause.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/sort-cull/blog-post/2026/11/02/rhyme-reason-2
- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/news/article/2026/11/02/rhyme-reason
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2026/11/02/rhyme-reason-4

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.