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This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hello and welcome to the Daily Live Cattle Price Tracker. I am Vanessa Clark and I am here to bring you the most up-to-date news, current pricing, and expert insights from the live cattle markets. Whether you are a rancher, a trader, or just someone interested in food prices and rural life, I am glad you are joining me today.
Let us dive straight into the latest figures. As of Thursday, October twenty-third, the live cattle markets saw active movement. According to recent commodity reports, live cattle for December closed at two hundred forty-one dollars and seventeen cents, up one dollar and thirty-five cents from the previous session. Meanwhile, February contracts closed at two hundred forty dollars and sixty-seven cents, climbing thirty cents. These higher cash prices in both the north and south regions show continued firm demand for fed cattle, with most northern live trades in the two hundred forty to two hundred forty-one dollar range and dressed trades mainly at three hundred seventy-two dollars.
So, what is driving these markets this week? First, we need to look at both supply and policy. On the supply side, last week’s slaughter figures reached five hundred sixty-seven thousand head, a twenty-thousand increase from the prior week but still forty-thousand less than this time last year. The supply of market-ready cattle remains tight, fueling stronger cash prices. Looking forward, slaughter volumes are expected to gradually decline toward the end of the year, as packers anticipate lower supplies and make operational changes at the plants.
On the policy front, there is major news out of Washington. The United States Department of Agriculture, led by Secretary Brooke Rollins, just released a comprehensive plan aimed at fortifying the beef industry. This plan tackles some long-standing industry concerns. The highlights include expanding grazing access on federal lands, new support for smaller packers, boosting local beef in schools, and putting more transparency into country-of-origin labeling. All of these measures aim to support U.S. cattle producers, improve fairness in the markets, and make beef more affordable for consumers.
Volatility is still a big theme in cattle futures. Earlier in the week, comments from President Trump about tariffs and the push for lower retail beef prices sent the futures markets sharply lower, with limit-down moves in both live and feeder cattle contracts. There is a lot of sensitivity to policy talk right now, with traders reacting quickly to both official and social media statements.
For cow-calf and backgrounding producers now entering fall marketing, feeder cattle prices remain mixed. The futures board is showing recent strength, especially for the front months, but regional auction prices are uneven. Demand is good for weaned steer calves but more moderate for heifers, and health programs plus weather are playing a bigger role in setting price spreads and attracting buyers.
In practical terms, if you are making marketing decisions, keep an eye on both national policy moves and your local sale barn conditions. The new USDA initiatives may enable you to access new grazing ground or find more buyers if local plants expand capacity. And remember, as always this time of year, the weather can throw you a curveball at any moment—so staying flexible is the best bet.
That is all for today’s Daily Live Cattle Price Tracker with me, Vanessa Clark. Be sure to subscribe to the podcast so you never miss a daily update on the live cattle market, prices, and industry news. I appreciate you tuning in and hope today’s highlights bring value to your operation, investment, or everyday life. Join me again tomorrow for more real-time cattle market insights. Stay well and keep a close eye on those numbers.
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