Cattle Close Mixed, with Feeders Continuing Collapse
Update: 2025-10-29
Description
Cattle market sees mixed performance; live cattle futures close with gains and losses, while feeder cattle futures drop sharply. Cash trade starts early, with prices falling to around $230 in Nebraska. Feeder cattle auctions see prices slide by $30-$40. CME responds with expanded trading limits for both live and feeder cattle. USDA reports show mixed boxed beef prices, with choice cuts rising and select cuts falling. Slaughter numbers are up compared to last week but still lower than the same week last year. Overall, the market signals uncertainty and potential volatility for the week ahead.
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