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Cattle Futures Drop as Supply Tightens, Prices Rise

11/8/2025

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Story summary
  • February live cattle futures fell to their lowest since July 18, reflecting tight supplies, higher imports, and a prolonged government shutdown.
  • Lean hogs continued a five-week downtrend.
  • Cash cattle prices rose, with Northern dressed cattle up $2.00 and Southern live cattle up $1.00 versus last week.
  • Analysts expect support at $210–$212 for live cattle and $290 for feeder cattle amid uncertain market dynamics ahead of the holiday season.