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Northwest ranchers say calf prices fell from about $2,900 per 500-pound calf in June to about $2,500 by mid-October, which they attribute to reduced-tariff beef imports announced in August that cut the value of U.S. beef by nearly a dollar per pound. High diesel prices have also squeezed operating margins.
Lower calf values reduce rancher returns and can slow herd rebuilding, which affects long-term feeder cattle supply and demand for feed grains, while high diesel costs add to production expenses.
oregon-express.comEmily RichardsonOct 31, 2026After 87 past bearish trade events, FCATTLE moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
After 121 past bearish trade events, LCATTLE moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.
After 26 past bullish trade events, DIESEL moved a median -1.9% over 5 sessions (31% higher; middle half -5.6% to +1.6%), and -4.8% 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.
