
Feeder and stocker cattle receipts rose to 303,677 head from 275,938 the prior week. Calf and feeder prices fell late in the week after cattle futures dropped, with 2027 feeder contracts more than 10.00 lower on Friday.
Live fed cattle sold at 224.00 to 225.00 per cwt in Nebraska and the South Plains.
Lower feeder cattle prices reduce the value of cattle that consume feed, which can soften demand for feed grains and protein meals in US feedlots. Muddy pens and sick calves add pressure on feedlot margins.
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.