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Live cattle futures declined as progress on a new screwworm facility, scheduled to open in April 2027, boosted confidence. December live cattle settled $1.83 lower at $217.37, while January feeder cattle gained $3.45 to $330.12 and December lean hogs closed at $56.
A sharp jump in corn prices added pressure on the beef complex, as higher feed costs weigh on cattle and feeder margins. The screwworm facility reduces longer-term disease supply risk.
marketscreener.comPublicnowNov 11, 2026After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% over 20.
After 29 past neutral disease events, Feeder Cattle moved a median +0.6% over 5 sessions (62% higher; middle half -1.5% to +2.2%), and +1.0% over 20.
After 56 past bullish disease events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.6%), and +0.8% over 20.
After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% 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.
