# Cattle - AgWest Farm Credit

> Cattle prices have retreated from record highs reached earlier this year, with national steer prices falling below year-ago levels by September. USDA lowered its Q3 and Q4 cattle price forecasts on weaker packer demand, and more than 67,000 Mexican cattle have entered the US since August.

- Date: 2026-11-12 · published 2026-11-12T00:16:28.310Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/94463-cattle-agwest-farm-credit
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker packer demand and rising beef and cattle imports are pressuring cattle prices, which lowers the value of feeder cattle and reduces buyers' costs for feed-based finishing margins.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- uat-cd.agwestfc.com: https://uat-cd.agwestfc.com/education-and-resources/industry-and-economic-insights/industry-insights/cattle

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