Overview
- Live and feeder cattle fell the $7.25 and $9.25 limits, respectively, with expanded limits announced for Monday and cash sales reported at $238–$240.
- Wheat finished the week higher on Chinese-buying chatter and earlier crude strength, as the IGC raised 2025/26 world output to 827 MMT and stocks to 275 MMT.
- Soybeans eased by up to 3 cents while soymeal firmed and soyoil slipped, with November averaging about $10.22 for October and first notice set for October 31.
- Lean hogs closed mixed as USDA’s national base price fell to $85.56 and the pork cutout climbed to $102.74 per cwt, with weekly slaughter estimated at 2.584 million head.
- A U.S. government shutdown delayed the Cattle on Feed report and suspended CFTC Commitments of Traders data, limiting visibility on speculative positioning.