# Live Cattle futures held steady as cash prices fell.

> Live Cattle futures traded steady as falling cash prices and boxed beef values offset bullish fundamentals, with the December contract down $5.82 to $227.95. Feeder Cattle rebounded, with the January contract up $2.90 to $334.67 on expectations of tighter supplies. Lean Hog futures traded sideways for a fourth session despite a $41 million USDA purchase, while money managers pushed net short positions in lean hogs to a record of over 51,000 contracts.

- Date: 2026-11-02 · published 2026-11-03T18:07:51.933Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78083-live-cattle-futures-held-steady-as-cash-prices-fell
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower cash cattle and boxed beef prices weigh on the near-term complex, while tighter feeder supplies support feeder cattle values that feed directly into feedlot costs. A record speculative short in hogs signals bearish sentiment that could cap hog prices unless the USDA purchase or supply tightening shifts the balance.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- squawknews.com: https://squawknews.com/news/773446-live-cattle-futures-held-steady-as-cash-prices-fell

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