Loading…
Cattle futures fell sharply last week, with live cattle down $6.90 and feeder cattle down $15.45, amid weaker cash trade. The report cites abundant market-ready cattle in the North, record carcass weights for this time of year and a slaughter-ready backlog; managed money also cut long positions in live and feeder cattle.
It says hog prices face pressure from heavy weights, abundant availability and light demand.
A backlog of finished cattle and heavier carcasses increase near-term beef supply and weaken packers’ urgency to bid, pressuring live and feeder cattle prices. Abundant hog supplies and soft demand are likewise bearish for hogs.
dtnpf.comSarah Jungman DTN Contributing AnalystNov 9, 2026Not enough comparable past events yet for a historical read.
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.
