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Live cattle futures closed mostly higher on Wednesday, with contracts up 12 to 50 cents while December fell 22 cents. Feeder cattle futures gained about 15 cents to $2.27, and the CME Feeder Cattle Index rose to $330.61.
Choice boxed beef fell $2.72 to $360.26 and USDA estimated weekly slaughter at 325,000 head, down about 24,766 head from a year earlier.
Lower boxed beef values and reduced slaughter pace signal softer packer demand, while firm feeder futures and index levels keep cattle costs high for feedlots and feed buyers. The routine daily moves are unlikely to change the broader feed demand outlook.
barchart.comAustin SchroederNov 12, 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.
