10/12/2026
Are longer feeding periods changing the seasonal behavior of cattle futures?
In the latest Terrain outlook, senior analyst Don Close examines the August live cattle futures contract and finds that, unlike the June contract, extended days on feed have not meaningfully altered its seasonal pattern. However, historical trends suggest hedgers should remain alert, as August contracts have expired higher than spot prices 58% of the time since 2002.
Read the analysis: https://brnw.ch/21x6lF2
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