Live Cattle Oct '27 (LEV27)
Live Cattle Futures Market News and Commentary
Live cattle futures are down $2.10 to $5.05 at midday. Cash trade was picked up at $230-231 across the country last week. Feeder cattle futures are collapsing on Monday with losses of $7.75 to the $10.75 limit. The CME Feeder Cattle Index was down another $1.07 on July 23 to $349.65.Â
Late on Friday the USDA stated they plan to resume imports of Mexican cattle in by August 23 at the Douglas, AZ port of entry and two additional ports in NM at a later time.Â
Cattle on Feed data report showed placements in June down 2.91% from last year at 1.399 million head. Marketings were seen 2.69% lower yr/yr to 1.661 million head. July 1 on feed data was up 2.21% vs. 2025 at 11.37 million head. A breakdown between steers and heifers showed 4.25 million heifers on feed, which is 37.38% of the total and the lowest ratio for July since 2018. Bi-annual Cattle inventory data showed 28.45 million beef cows down 0.7% yr/yr, with replacement beef heifers up 2.9% to 3.6 million head. The 2026... Read more
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Lean hog futures are down $1.30 to $2 at midday, with nearby August up a tick. USDA’s national base hog price was not reported on Monday morning due...
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Live cattle futures are down $2.10 to $5.05 at midday. Cash trade was picked up at $230-231 across the country last week. Feeder cattle futures are collapsing...
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What that means for live and feeder cattle futures prices here.
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