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Cattle Call: Your Weekly Roundup of Livestock Prices & Market Moves

Cattle Call: Your Weekly Roundup of Livestock Prices & Market Moves

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

Welcome back to the Daily Live Cattle Price Tracker with Vanessa Clark. It’s Friday, October seventeenth, and I am here to keep you up-to-speed with the latest news, trends, and trading prices for live cattle. Whether you're a rancher, investor, or just curious about the market, I’ve got all the inside scoop you need to get through your week.

Let’s start with what everyone wants to know—the current live cattle prices. As of today, December live cattle futures are trading at two hundred forty-seven dollars and eighty-seven cents per hundredweight. That’s up one dollar and ten cents from yesterday’s close. Cash trade has also been robust, with widespread sales around two hundred forty dollars live across the country, and online auctions hitting up to two hundred forty-two. In Kansas and Texas, deals are setting a firm base at that two hundred forty mark. Compared to last week, this is about four to five dollars higher, so the cattle market is definitely moving upward.

On the fundamental side, this week’s cattle slaughter is running about twenty thousand head higher than last week, which points to strong demand in the beef market as we head towards the holiday season. Packers are struggling to keep up with margin pressures, particularly as slaughter volumes increase and beef cutout values adjust. The choice cutout, which measures wholesale beef prices, has pulled back a bit, dropping from over four hundred fifteen dollars to three sixty-five, but industry watchers expect prices to move higher again as holiday buying ramps up.

Now, you’ve probably heard some rumblings from Washington. President Trump made headlines this week, promising a plan to bring down beef prices. The details are vague, and markets typically react quickly to this sort of news. Traders and ranchers alike are keeping an eye on the impact, with some volatility showing up in both live and feeder cattle contracts. Thursday’s session saw live cattle futures drop sharply at midday, reacting to the president’s comments, only to rebound by the end of the day. Feeder futures have been particularly active, jumping over twenty-one dollars since early October.

For those in the replacement market, prices for calves are notably higher compared to last year. Southern plains calves are trading at five hundred dollars per hundredweight for a four hundred fifty pounder, up significantly from three twenty-five just a year ago. Heavy cattle are also more common this year as animals moved off pasture into feedlots, reflecting improved grazing performance over the summer.

One practical tip for producers in this environment: pay close attention to your breakeven points. With higher replacement costs, making sure your sales price matches or exceeds your investment is more important than ever. The market is risky, but with current demand trends and consumer appetite heading into the holidays, there is opportunity if you manage margins carefully.

Looking ahead, keep watching for news about a possible reopening of the border for Mexican calves and any updates from Washington that could swing prices further. Seasonal changes, with colder weather moving in and some drought persistency in the southern plains, are also likely to influence herd expansion and overall market sentiment in the weeks to come.

That's all for today’s episode of Daily Live Cattle Price Tracker. I’m Vanessa Clark, and I hope you found this update helpful and informative. Remember to subscribe so you never miss a beat on live cattle prices and market news. Thanks for listening and be sure to tune in next time for more insights you can count on.

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