Average cash fed cattle prices have been trading in a $224 to $228/cwt range after falling from $235/cwt in early August, and steer carcass weights hit a record 994 lb in the week of October 11. Live cattle futures fell $14 to $15/cwt in the latest week as boxed beef values weakened and supplies stayed heavy.
Record carcass weights and elevated boxed beef supplies signal heavy near-term beef output, which weighs on live cattle futures and reduces demand for feeder cattle and feed, while smaller fed supplies expected in early 2027 could support prices later.
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.