
Live cattle futures fell between a nickel and $1.25 on Monday while feeder cattle futures rose 65 cents to $1.42. Cash cattle traded at $224-225 live last week, and the CME Feeder Cattle Index fell 77 cents to $350.43 on October 30.
The OKC feeder auction saw about 4,600 head sold with feeder prices down $4-12.
Routine market commentary with no new supply or demand shock; live cattle weakness reflects some long liquidation and modest slaughter declines, while steady feeder demand supports feeder cattle prices for feed buyers.
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.