Loading…
Cattle futures fell after an earlier rebound, and traders considered the possibility of further selling if prices weakened. The article notes that feeder cattle were near support and cites an average estimate of 102.2% for cattle on feed as of July 1 ahead of the Cattle on Feed report.
If the on-feed estimate is realized, it would indicate larger cattle supplies than in recent years and could weigh on cattle prices. The article gives no new demand catalyst, leaving price direction dependent on the report and cash-market activity.
teamtsuga.comJeremiah AbshireNov 8, 2026After 144 past bearish report events, Live Cattle moved a median -0.1% over 5 sessions (49% higher; middle half -1.1% to +0.9%), and +0.5% over 20.
After 126 past bearish report events, Feeder Cattle moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +2.0%), and +0.6% 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.
