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Austin Schroeder

HISTORICAL FACTS: Cattle see thursday weakness as feeders close mixed | History Defined

USDA Fed Cattle Exchange Feeder Cattle Live Cattle

Live cattle futures fell lower on Thursday, with contracts down a dime to $1.02. Cash trade has been quiet this week with a few sales reported by USDA at $223-226 live in the north and $350-365 dressed. The Thursday morning Fed Cattle Exchange online auction showed 225 bids on several lots of the 2,636 head offered, with most reserve prices (asks) at $230-232. Feeder cattle futures were down 32 cents to 60 cents higher. The CME Feeder Cattle Index was up another 43 cents on October 28 to $351.43.

USDA Export Sales data showed 10,996 MT of beef sold in the week ending on 10/22 for 2026, a 5-week low. Shipments were 12,899 MT in that week, a 16-week high.

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