Cattle Market Roundup: Navigating the Ups and Downs
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Cattle Market Roundup: Navigating the Ups and Downs
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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’m Vanessa Clark, bringing you everything you need to know to stay on top of the latest trends and prices in live cattle. Whether you’re a cattle producer, a trader, or just interested in the livestock market, this is your daily, must-listen update.
Today is Monday, November tenth, so let’s dive right in with the current live cattle prices. As of today’s close, December twenty twenty-five live cattle futures are trading at two hundred twenty-one dollars, thirty-five cents per hundredweight, up two dollars and fifty-seven cents from the previous session. February twenty twenty-six futures are at two hundred nineteen dollars and seventy-five cents, up three dollars[Pro Farmer]. In the feeder cattle market, November futures are sitting at three hundred twenty-six dollars and forty cents per hundredweight, up four dollars and thirty-five cents.
Cash trade last week was reported between two hundred twenty-five and two hundred thirty dollars in the north, with southern sales at two hundred thirty to two hundred thirty-two dollars. Northern cattle owners saw steady dressed prices at three hundred sixty dollars and live sales at two hundred thirty dollars—a level that’s holding for now, according to The Ag Center Cattle Report.
It’s been a dramatic couple of weeks for cattle markets. Futures prices have taken a wild swing, dropping thirty dollars since October seventeenth and hitting a low of two hundred eighteen dollars on nearby contracts last week. President Trump stirred things up on Friday, posting to say he’s asked the Justice Department to investigate meat packing companies for alleged collusion and price manipulation—a move that’s sent ripples through both futures and cash cattle trade.
USDA reports last week’s federally inspected cattle slaughter totaled five hundred fifty-five thousand head, down four thousand from the previous week and sixty-five thousand below last year at this time. While those numbers might hint at backup in the feedyards, industry experts say that’s not the case. Instead, heavier marketing weights and an abundance of dairy-beef crosses on feed are stretching out the turnover. Boxed beef prices are mostly flat, with the Choice-Select spread narrowing to just over sixteen dollars.
If you’re managing feedlots or just keeping an eye on profit margins, know the numbers are shifting. According to the USDA Illinois Weekly Cattle Auction Summary, feeder steers in the medium and large one category sold from three hundred forty-five to four hundred twenty-seven dollars per hundredweight, depending on weight. Large one steers averaged between four hundred thirty-seven to four hundred seventy-two dollars per hundredweight for five hundred- to five hundred forty-five-pound animals. At the Oklahoma feeder cattle auction, early indications point to a softer undertone, hinting at some pressure on prices as numbers increase.
With all this volatility, what can you do right now? First, keep monitoring your local auction and futures prices daily—price swings have been sharp and unpredictable lately. Make sure you’re factoring in feed costs and watching for regional trends, because basis differences can make a significant impact on your bottom line. And, don’t overlook the importance of market timing. Sometimes, sitting on the sidelines for a day or two can make a big difference in profitability.
As national headlines draw attention to beef prices and regulatory scrutiny, speculative traders have rushed to exit the market, amplifying price moves. For ag businesses and producers, this means keeping your risk management plans updated and maintaining strong lines of communication with your buyers and suppliers. The next few weeks could bring more headlines and even more volatility.
That wraps up today’s episode of the Daily Live Cattle Price Tracker. I’m Vanessa Clark, thanking you for tuning in with me. Be sure to subscribe so you never miss an update and join me again next time for the latest prices, news, and tips. Take care, keep tracking those markets, and I’ll catch you tomorrow.
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