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Feeder Cattle futures represent standardized contracts for the delivery of young cattle (typically steers weighing 700–849 pounds) that are ready to enter feedlots for finishing before slaughter. The market is closely linked to the broader beef supply chain, with price drivers including feed grain costs (particularly corn), pasture conditions, weather, live cattle prices, consumer beef demand, and the overall size of the U.S. cattle herd. Seasonal patterns exist, as calf supplies tend to peak in spring and fall, and drought or adverse weather can quickly tighten supply and lift prices. Prices are quoted in U.S. cents per pound.
Marktkontext
Feeder Cattle are trading at 318.275 USd/lb, with no change recorded on the day. The contract has fallen approximately 2.5% over the past week and about 6.8% over the past month, extending a broader decline of roughly 10.6% year-to-date and nearly 11.8% compared to one year ago.