Cattle Close the Week with a Rally
Live cattle futures saw Friday gains of $1.75 to $2.30 across the board at the close, with December $6.60 higher on the week. Cash trade saw some light dressed trade at $335-340 in the North. The Friday Fed Cattle Exchange online auction showed a few bids of $218 on 237 of the 1,640 yead offered. Feeder cattle futures were up $3.05 to $3.77 at the close on Friday, with November rallying $16.70 this week. The CME Feeder Cattle Index was up another $4.86 on November 12 to $338.78.
USDA Export Sales data showed 9,555 MT of beef sold in the week ending on 11/5 for 2026, a 7-week low. Shipments were 13,944 MT in that week, an 18-week high.
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Wholesale Boxed Beef prices were mixed in the Friday afternoon report, with the Chc/Sel at $6.49. Choice boxes were down $1.95 to $355.64, with Select 44 cents higher at $349.15. USDA estimated Federally inspected cattle slaughter for this week is estimated at 545,000 head including Saturday. That was up 18,000 head from the week prior but down 24,566 head from the same week last year.
Dec 26 Live Cattle closed at $220.650, up $1.750,
Feb 27 Live Cattle closed at $224.800, up $1.850,
Apr 27 Live Cattle closed at $227.900, up $1.950,
Nov 26 Feeder Cattle closed at $339.025, up $3.350,
Jan 27 Feeder Cattle closed at $335.350, up $3.675,
Mar 27 Feeder Cattle closed at $332.050, up $3.775,
On the date of publication, Austin Schroeder did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.