From mint · · 30s
CME Feeder Cattle Hit 3-Month Peak
Corn price drop boosts US cattle futures to three-month high.
In brief
Corn price drop boosts US cattle futures to three-month high. US corn prices fell after USDA raised 2026 harvest outlook, lifting CME feeder cattle futures to a three-month peak. Originally reported by mint.
Corn Price Plunge
USDA unexpectedly raised 2026 corn harvest outlook after adverse summer weather.
“The feeder cattle market is loving this”
CME Feeder Cattle Peak
CME November feeder cattle futures rose 2.1% to 341.950 cents per pound.
Live Cattle Futures Rise
December live cattle futures climbed 1.6% to 227.050 cents per pound.
What matters most
US corn prices fell after USDA raised 2026 harvest outlook, lifting CME feeder cattle futures to a three-month peak.
