『Cattle Cash Climbs: Tight Supply, Steady Demand Drive Prices Higher』のカバーアート

Cattle Cash Climbs: Tight Supply, Steady Demand Drive Prices Higher

Cattle Cash Climbs: Tight Supply, Steady Demand Drive Prices Higher

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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, I am Vanessa Clark, and we are talking all about today’s live cattle prices, market news, and what it means for your bottom line.

Let us start with the headline number every cattle producer and cattle market watcher is looking for, the current live cattle futures price. According to Brownfield Ag News, the nearby February live cattle contract closed at about two hundred twenty nine dollars and fifty five cents per hundredweight on the Chicago Mercantile Exchange, finishing the day lower. Farmtario also reported that the same February contract settled down one point four cents at roughly that two twenty nine fifty level. Barchart shows deferred contracts like December twenty twenty five and February twenty twenty six trading just under the two hundred thirty dollar mark as well, a touch weaker on the day, but still historically very strong.

On the cash side, The Ag Center Cattle Report notes that this week wrapped up with cash trade at two hundred thirty dollars live in both the northern and southern Plains, and around three hundred fifty five dollars dressed in the north. That is about five dollars higher live and ten dollars higher dressed compared to last week, as packers stepped in aggressively to secure supplies.

So what is driving these live cattle prices. The University of Arkansas Division of Agriculture points out that United States beef slaughter in the fall quarter is down about nineteen percent from last year, with the national beef cow and heifer herd at the lowest levels since the early nineteen sixties. Fewer cattle coming to market, plus steady beef demand, is a classic recipe for firm live cattle prices and tight feeder cattle supplies. Many analysts say that as long as the beef herd stays this small, live cattle prices are likely to stay elevated and beef prices in the grocery store will remain strong.

For you as a producer or someone who follows the live cattle market every day, here are a few quick takeaways. First, use these high live cattle prices to sharpen your marketing plan. Consider scaling in sales over time instead of all at once, so you are not guessing the exact top. Second, keep an eye on basis, the difference between your local cash live cattle price and the futures price, because basis can swing quickly when packer demand or weather shifts. Third, if you are a backgrounder or feeder buyer, run fresh breakevens with today’s higher feeder prices and feed costs so you know exactly what you can afford to pay and still make money at a two hundred thirty dollar live cattle board.

If you are a consumer or just cattle market curious, it helps to know that today’s strong live cattle futures and tight beef supplies are a big reason why steaks, roasts, and even ground beef are not getting cheaper very fast. When you hear that fed cattle brought two hundred thirty dollars live this week, that is part of what eventually shows up in the retail meat case.

That is it for today’s Daily Live Cattle Price Tracker. I am Vanessa Clark. Thanks for hanging out with me and staying on top of the latest live cattle market news and prices. Be sure to subscribe, share this with a friend who watches the cattle markets, and tune in next time for your next update on live cattle prices and what they mean for you.

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