Feeder Cattle Aug '26 (GFQ26)
Feeder Cattle Futures Market News and Commentary
Live cattle futures posted Thursday losses of 82 cents to $2.22 at the close, with August holding for gains of $5.45 this week. The Thursday Fed Cattle online auction showed no sales on the 1,466 head offered, with bids at $254. Cash trade has been slow this week, with bids reported at $353-354 on Thursday. Feeder cattle futures were down 30 cents to $1.10 on Friday, as August was still $9.17 higher this week. The CME Feeder Cattle Index was up $3.04 on June 17 to $367.06. The market will be closed on Friday in observance of Juneteenth.
USDA Cattle on Feed data from this afternoon showed May placements down 9.7% from a year ago and below estimate calling for a 5.5% drop from a year ago. Marketings were down 11.77% compared to 2025 at 1.551 million head. June 1 on feed inventory was 2.09% larger than the same period last year at 11.682 million head.
The weekly Export Sales report showed 10,449 MT of beef sold for 2026 in the week ending on June 11, nearly half of what was... Read more
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On feed came out as expected with 102% on feed (11.7 million head) 90% placed and 88% marketed.
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