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Live cattle futures were mostly higher at the CME on November 11, with feeder cattle higher while traders awaited direct cash trade. Boxed beef fell sharply, with Choice down $2.72 to $360.26, and estimated slaughter was 107,000 head, down more than 14,000 on the year.
Lower slaughter and softer boxed beef demand point to tight cattle supply and mixed price pressure on the cattle complex, with feeder demand supported by moderate buying of calves. For feed buyers, these moves signal steady feeding demand but limited upside for feed-intensive operations.
brownfieldagnews.comMeghan GrebnerNov 11, 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.
