# Live Cattle futures slide as Lean Hogs test $60 resistance

> December Live Cattle futures traded lower, eyeing a chart gap near $217.50, while boxed beef spreads narrowed and Monday's slaughter pace trailed last year. November Feeder Cattle futures fell $3.50 to $4.50, testing their 100-day moving average near $334.50. December Lean Hog futures held below $60 as the cash market weighed and funds extended a record net short position.

- Date: 2026-11-03 · published 2026-11-04T03:06:49.728Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78974-live-cattle-futures-slide-as-lean-hogs-test-60-resistance
- 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

This is routine price commentary on technical levels and positioning, with no new supply or demand shock. Slower slaughter and a weak cash hog market point to softer livestock prices, which may ease feed-buying pressure from livestock producers.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- squawknews.com: https://squawknews.com/news/811282-live-cattle-futures-slide-as-lean-hogs-test-60-resistance

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