# Cattle futures mostly higher ahead of direct trade

> 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.

- Date: 2026-11-11 · published 2026-11-12T00:10:18.687Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/94362-cattle-futures-mostly-higher-ahead-of-direct-trade
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

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.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cattle-futures-mostly-higher-ahead-of-direct-trade-2/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.