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USDA’s Iowa/Minnesota weekly report showed negotiated cattle purchases in the Western Cornbelt fell to 21,686 head for the week ending November 8, below both the previous week and the year-earlier level. Live cattle purchases were down $6–$14 and dressed purchases were down $8–$25 from the prior week, with demand described as light by Friday.
Lower demand and reduced negotiated volume point to weaker near-term buying pressure on cattle, consistent with the reported decline in cash prices.
indexbox.ioNov 9, 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.
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.
