Live Cattle and Feeder Cattle Futures Mixed; CFTC Spec Long Shrinks

Live cattle futures traded mixed on Friday (February 13, 2026). Feb live cattle closed at $243.075, up $0.575; Apr at $240.625, down $0.025; Jun at $236.150, down $0.100. Feeder cattle futures were slightly lower, with Mar at $366.150, up $0.425; Apr at $363.450, down $0.175; May at $359.425, down $0.475. Cash trade settled in the North at $244–$245 and up to $248 in the South. CFTC Commitments of Traders showed the spec fund net long in live cattle at 108,634 contracts as of Feb 10, a reduction of 5,897 contracts. Managed money trimmed 273 contracts in feeder cattle futures and options to 16,162. USDA estimated federally inspected cattle slaughter at 541,000 head this week, 5,000 above last week and 21,260 below same-week last year. Choice boxes closed at $364.47, down 37 cents; Select at $363.42, up 39 cents. Markets are closed Monday for President’s Day.