Loading…
Cash cattle trade weakened, with Northern trade reported as low as $210 per cwt, while live cattle futures fell about $20 per cwt from recent highs and feeder futures fell about $30. Feeder cattle prices in the country dropped as much as $50 per cwt; the article says large cattle supplies, high feedlot breakevens and Tyson plant closures are weighing on sellers and market capacity.
Weak cash bids and reduced packing capacity increase the pressure to move cattle and limit near-term demand from feedlots, contributing to lower cattle prices. Lower feeder prices may eventually make placements more attractive, but any capacity replacement after plant closures will take time.
tsln.comNov 6, 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.
