Live Cattle futures trade mixed following USDA Cattle on Feed report. 9/18/26

December Live Cattle futures settled slightly higher at $216.62, down $5.60 for the week as markets digested the USDA Cattle on Feed report. While on-feed numbers met expectations at 101%, placements dropped to 91%, falling well below analyst estimates. October Feeder Cattle futures slid to $323.50 under pressure from news that the USDA plans to reopen the Santa Teresa, New Mexico port. Meanwhile, December Lean Hog futures fell to a new contract closing low of $68.55, down 5.7% on the week. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #Livestock #Cattle #LeanHogs