Average cash fed cattle prices have recovered into a $224-$228/cwt range after falling from $235/cwt in early August. Record steer carcass weights of 994 lb. were reported for the week of Oct.
11, and Live Cattle futures fell $14-$15/cwt in recent sessions.
Heavy carcass weights signal slower feedlot turnover, but forecast smaller fed supplies into early 2027 could support prices. Feeder buyers face weaker futures and softer boxed beef, so cattle price direction is mixed.
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.