Cattle Futures Drop, Export Sales Surge
Update: 2025-11-21
Description
Live cattle futures plummeted, with cash sales in the northern regions reaching up to two hundred twenty-four dollars. Feeder cattle futures also saw losses, but the CME Feeder Cattle Index showed a slight increase. Beef export sales were robust, totaling eighteen thousand eight hundred forty-six metric tons. October placements and marketings are expected to be lower, with the official report due on Friday. Wholesale boxed beef prices rose, with Choice boxes up five cents and Select boxes up sixty-three cents. The weekly cattle slaughter was estimated at four hundred seventy-seven thousand head, six thousand more than last week but twenty-two thousand four hundred thirty-five less than the same week last year.
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