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Feeder and stocker cattle receipts were 275,938, down from 302,055 the previous week, while steers and heifers sold steady to $10 higher. Demand was strong for lightweight cattle destined for wheat grazing and for calves, while short range conditions in the Dakotas prompted producers to market cattle; the Cattle on Feed report showed placements at 88% of a year earlier, the lowest September figure in the series since 1996.
Fewer placements point to tighter future fed-cattle supply, supporting feeder-cattle prices, while producers’ need to conserve limited pasture feed is adding near-term cattle marketing. Strong cattle prices and demand for wheat grazers also support feeder demand.
capitalpress.comNov 6, 2026After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
