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Live cattle futures traded moderately on Wednesday, with traders selling to fill gaps on December contracts and February-and-later contracts trading above gap levels. Boxed beef prices are lower than a year ago, though rib primals are higher on holiday demand and exports to Japan and South Korea.
Lean hog indicators improved as the pork carcass to hog index spread widened and slaughter increased.
Lower boxed beef values weigh on cattle prices, while firmer rib demand offers some support for the complex. The widening packer-favoring hog spread and rising slaughter point to a modestly improved hog outlook for buyers of hog-based feed inputs.
archerfinancials.comChris LehnerNov 5, 2026Not 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.
