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Cattle and hog markets weakened as a sharp selloff in U.S. equities heightened economic concerns. The report cited poor weekly cattle export sales and significant liquidation of long positions as factors behind the cattle market’s continued decline.
Concerns about economic conditions can weigh on meat demand, while weak export sales directly reduce support for beef demand. Long liquidation added selling pressure to cattle and hog futures.
agupdate.comNov 6, 2026After 37 past bearish macro events, Live Cattle moved a median -1.1% over 5 sessions (30% higher; middle half -4.3% to +0.4%), and -0.4% over 20.
After 17 past bearish macro events, Lean Hogs moved a median -1.0% over 5 sessions (35% higher; middle half -2.5% to +0.8%), and -1.6% 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.
