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Hales Trading Co. reports cattle slaughter estimated at 107,000 head on the day, with week-to-date slaughter 5,000 head above last week and a weekly pace of about 539,000 head. The beef cutout is down $4.00 to $362 while fed cattle costs rose $2.00 to $218.64 in Nebraska, restoring packer margins to a positive $15-$45 per head.
Packer profitability returning while slaughter rises above 540,000 head points to more beef in the pipeline than can be absorbed, pressuring cutout values and supporting the case for softer cattle demand. Feed buyers may see slightly firmer cattle placements but weaker beef pricing sentiment.
meatingplace.comHales Trading Co.Nov 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.
