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USDA's National Daily Direct Slaughter Cattle Report for November 4, 2026 showed 28,208 head of negotiated cash cattle purchases, up sharply from 1,229 a week earlier. Live steers traded near $217 per hundredweight and dressed steers near $340.
A surge in negotiated cash volume from a very thin prior week points to firmer packer demand for fed cattle. That supports cattle prices, though one day's data may not establish a sustained trend.
indexbox.ioNov 4, 2026After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% over 20.
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.
