Cattle Markets Surge, Feeder Cattle Futures Soar
Update: 2025-11-29
Description
Cattle markets surged on Friday, with live cattle futures rising significantly and feeder cattle futures experiencing a substantial boost. Despite this, the CME Feeder Cattle Index dropped, indicating mixed signals in the broader market. Export sales data showed a four-week low in new sales but strong shipments, suggesting existing orders are being fulfilled at a good pace. Wholesale boxed beef prices were lower, and the total federally inspected cattle slaughter was significantly fewer than the same holiday week last year.
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