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Negotiated fed-steer prices averaged about $216.50 per cwt last week, down $7 from the prior week and $12 from a year earlier; live-cattle futures also fell. Slaughter is down 6.6% year to date, while heavier carcass weights partly offset tighter supplies, and September feedlot placements were 12% below last year for a fourth consecutive monthly decline.
Seasonal weakness and recent price declines weigh on near-term cattle values, but reduced slaughter and placements point to tighter fed-cattle availability ahead, which could support prices later.
southernagtoday.orgJosh MaplesNov 10, 2026Not 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.
