『Beef Bombshell: Trump's Mystery Meat Plan Rattles Markets』のカバーアート

Beef Bombshell: Trump's Mystery Meat Plan Rattles Markets

Beef Bombshell: Trump's Mystery Meat Plan Rattles Markets

無料で聴く

ポッドキャストの詳細を見る

このコンテンツについて

 https://www.instagram.com/vanessaclarkipai

This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.

Hey there cattle producers and market watchers, this is Vanessa Clark and welcome back to the Daily Live Cattle Price Tracker. I'm so glad you're here with me today because we've got some really important developments to talk about in the cattle markets.

So let's jump right into today's trading prices. December live cattle futures closed at two hundred forty two dollars and eighty two cents per hundredweight, but that was down six dollars and seventy two cents from the previous session. Meanwhile, February live cattle settled at the same price of two hundred forty two eighty two, also down significantly. Now if we look at the cash market, we're seeing live cattle trading around two hundred thirty nine to two hundred forty dollars in the northern plains, with some sales hitting two hundred forty two dollars on online auctions.

Now here's the big story that's rocking the markets today. President Trump made some comments yesterday about working on a deal to bring beef prices down. He promised some magic to relieve high beef prices but didn't provide any specific details. This uncertainty sent shockwaves through the futures markets this morning, with some feeder cattle contracts even hitting limit down at nine dollars and twenty five cents.

But let's talk about the underlying fundamentals because they're still incredibly bullish. This week's slaughter is running about twenty thousand head above last week, coming in around five hundred forty nine thousand head. The beef plants are really struggling with their operating margins right now. The choice cutout has dropped from four hundred fifteen dollars down to three hundred sixty five dollars, though many analysts believe prices will move higher as we head into the holiday season.

On the replacement side, feeder cattle and calves continue to be extremely strong. Compared to last week, feeder steers are ten to twenty dollars higher, while steer and heifer calves are up twenty to thirty dollars, with some heifer calves jumping as much as forty dollars higher. The demand is extremely good across all classes.

One thing that's keeping supplies tight is that Mexican cattle imports remain on pause due to concerns about New World Screwworm. This is creating additional pressure on already limited domestic supplies.

So what does all this mean for you? Well, despite today's selloff triggered by Trump's comments, the fundamental picture remains tight. We're looking at limited cattle supplies heading into year end, strong replacement demand, and the potential for boxed beef to firm up as holiday buying kicks in.

Thanks so much for tuning in today. Be sure to subscribe so you don't miss tomorrow's update, and I'll see you back here next time on the Daily Live Cattle Price Tracker.

For more http://www.quietplease.ai

Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r

This content was created in partnership and with the help of Artificial Intelligence AI
まだレビューはありません