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Cattle futures break to fresh lows amid cash market weakness.
Corn and soybeans continue to see relative weakness.
Cattle based early in the session before sellers returned.
USDA will use the latest planted acreage estimates and incorporate Grain Stocks data.
Terrain’s Dave Weaber says herd expansion remains on hold heading into 2027, with feeder cattle and fed cattle prices expected to hit new highs in Q3 — even as a potential strong El Niño and the Cargill Fort Morgan lockout add fresh uncertainty to the supply picture.
