Cattle Market Guys - Week Wrap Up 8-7-2026

Feeder cattle prices just took a serious tumble—five hundred to five-forty-nine pound steers dropped from $463.08 to $408.76 per hundredweight in just five weeks, and the six-hundred-weight class fell even harder. But with national forecasts pointing to a rebound and futures hitting three-week highs before wobbling again, the cattle market is delivering whiplash few saw coming. In this Friday wrap for August 7th, Brock and Jim break down the numbers behind the recent pullback in feeder cattle markets, tracing the slide from late June through late July across multiple weight classes. They dig into national price predictions showing a potential recovery, with the 500-549 pound class expected to climb back toward $419.50 per hundredweight within three weeks, signaling some optimism despite the recent softness. The duo also unpacks a report from The Cattle Site detailing how live and feeder cattle futures hit three-week highs on technical strength and supportive outside markets, only to fall the very next day on demand worries linked to broader stock market weakness. Brock and Jim discuss what this volatility means for producers trying to time sales, and they close out with a look at trading volume trends, noting that light volume in late June has given way to stronger buyer participation heading into August. It's a snapshot of a market caught between short-term jitters and a tight underlying supply story that continues to support values.