February Live Cattle futures settled lower.

February Live Cattle futures finished the session lower but remained off their daily lows after finding support at the 50-day moving average. The market faced persistent resistance at the 100-day moving average, leaving a price gap from October unfilled, which technical traders view as a potential signal for a market peak. In the cash market, wholesale boxed beef prices dropped $3 this week, raising concerns about whether holiday demand is beginning to slow. Market participants are now awaiting Friday's USDA Cattle on Feed report, with analysts anticipating a placement figure of 90.9% and total cattle on feed at 98.2% compared to last year.