
Live cattle futures closed 42 to 97 cents lower on Friday, while feeder cattle futures fell $1.55 to $2.15; both recovered from their session lows. Cash cattle traded at $218 in the South and $214–216 in the North, while weekly federally inspected slaughter was down 34,948 head from a year earlier.
Lower futures and reduced slaughter point to softer near-term cattle-market conditions, although cash trade remained active. The article reports price action rather than a new supply or demand shock.
Not 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.