Live and feeder cattle futures slide for the week, August settles at 235.200 cents/lb and 354.600 cents/lb
AI Market Summary
Live and feeder cattle futures fell sharply into the weekend, with August contracts posting sizable weekly declines alongside weaker cash trade. CME cattle indices also moved lower as managed money reduced net long exposure, reinforcing downside momentum. Despite lower year-on-year slaughter suggesting some supply relief, demand softness dominated price action, keeping livestock markets pressured in the near term.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+0.06%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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Live cattle futures posted a sharp weekly drop, with the August contract down $4.02 to 235.20 cents/lb. Feeder cattle also fell, with August down $6.025 on the week to 354.60 cents/lb. Cash trade slipped to $247–248/cwt, down $7–8 from last week. CME indexes weakened and speculative funds cut net long positions, while USDA data showed federally inspected slaughter down 42,565 head from the same week last year, as softer demand weighed on prices.
