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Beef prices faced a seasonal lull ahead of holiday demand, with the Choice cutout averaging $368.52 last week, down $2.03. Heavy cattle weights, negative packer margins, and increased imported grinding beef added pressure, while cattle harvest was below both the previous week and a year earlier.
Soft beef demand and heavier cattle are weighing on prices, while imported grinding beef adds supply pressure to the trim market. Feedlots may keep cattle on feed longer as costs moderate, potentially adding to near-term fed-cattle supplies.
midwestfarmreport.comNov 6, 2026Not 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.
