『Cattle Chatter: Locking In Profits & Prime Cuts Amid Holiday Disruptions』のカバーアート

Cattle Chatter: Locking In Profits & Prime Cuts Amid Holiday Disruptions

Cattle Chatter: Locking In Profits & Prime Cuts Amid Holiday Disruptions

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

Hey friends, welcome back to the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today were diving into the freshest news on live cattle markets, including those key trading prices youre tuning in for. Grab your coffee, and lets chat about whats moving the needle right now.

First up, the current trading prices. The February live cattle futures closed at 228 dollars and 40 cents per hundredweight, down just 1 dollar and 15 cents from yesterday, according to GX94 Radio and Brownfield Ag News reports. April futures are sitting at 228 dollars and 15 cents, also off by about a dollar. Cash markets are holding strong though, with late-week FOB live prices hitting 230 dollars in both the north and south, and dressed trades at 355 dollars in the north, as detailed by the Ag Center Cattle Report. Feeder cattle futures for January are around 340 dollars and 27 cents, down a touch, but replacement markets are hot, with feeder steers 4 to 8 dollars higher and heifers steady to 3 dollars up week over week.

Slaughter volumes came in at 596,000 head this week, down a bit but still solid, though packer margins squeezed tight with rising cattle costs and softer boxed beef prices, down about 2 to 3 dollars across choice and select cuts. Show lists dropped sharply, giving cattle owners more leverage, and traders are eyeing tomorrows pre-release Cattle on Feed estimates, projecting 98 percent of last year on feed, 92 percent placements, and 88 percent marketings for November.

Heres your actionable takeaway, pals. With holidays disrupting trades next couple weeks, Christmas and New Years midweek shaking things up, consider locking in forward contracts if youre selling soon, especially with feeders still on fire and quality grades hitting records for more prime cuts at retail. Keep an eye on boxed beef for demand signals, and benchmark your prices against USDA weekly averages every Tuesday.

Thats your daily update, friends. Thanks for hanging out with me on the Daily Live Cattle Price Tracker. Hit subscribe, share with your ranch buddies, and tune in tomorrow for more. Talk soon.

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