
Average cash fed cattle prices have settled in a $224 to $228/cwt range after dropping from $235/cwt in early August. Record steer carcass weights of 994 lb. for the week of October 11 hit USDA data, and live cattle futures fell $14 to $15/cwt over the past week.
Record heavy carcass weights point to a slower-moving feedlot sector, but forecast smaller fed supplies into early 2027 limit the bearish impact on cattle prices, so the futures sell-off may be overdone.
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.