Obtenez 3 mois à 0,99 $/mois + 20 $ de crédit Audible

OFFRE D'UNE DURÉE LIMITÉE
Page de couverture de Cattle Market Roundup: Volatility Reigns, Quality Pays

Cattle Market Roundup: Volatility Reigns, Quality Pays

Cattle Market Roundup: Volatility Reigns, Quality Pays

Écouter gratuitement

Voir les détails du balado

À propos de cet audio

https://www.instagram.com/vanessaclarkipai

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

Welcome to the Daily Live Cattle Price Tracker. I am Vanessa Clark, and I am here to break down everything you need to know about today’s live cattle markets, the latest industry news, and what it all means for you, whether you are in the business or just keeping an eye on the headlines.

Let’s kick it off with today’s numbers. As of the market close on Thursday, November thirteenth, live cattle futures for December finished at two hundred nineteen dollars per hundredweight, dropping over six dollars on the day. The February contract wrapped up at two hundred eighteen dollars and ninety-five cents, also down more than six dollars. It was a tough session for feeder cattle, with January futures sitting at three hundred eighteen dollars and forty-five cents, down over nine dollars from the previous close. This sharp decline reflects some heavy selling pressure and market volatility this week, marking one of the most dramatic drops we have seen since October.

According to market analysts and sources like GX94 Radio and The Ag Center, much of this pressure comes from supply concerns and recent policy changes, especially the ongoing closure of the Mexico border to feeder cattle imports. There were over a million fewer feeder cattle imported this year compared to last, and that scarcity is driving both volatility and higher price levels earlier in the fall. However, today’s action showed a pronounced correction, signaling some market uncertainty as buyers and sellers digest recent events.

On the cash side, cattle in Texas and Kansas traded around two hundred thirty-two dollars, while northern states such as Iowa saw prices from two hundred twenty-eight to two hundred thirty dollars live. Dressed prices up north hovered around three hundred sixty dollars.

Now let’s talk about supply and demand, which remain out of sync. Despite lower overall herd numbers, beef production is holding steady due to heavier carcass weights and increased slaughter of beef-on-dairy animals. According to the latest analysis from CattleFax shared by the American Angus Association, steer and heifer slaughter is down about forty-three thousand head per week versus two years ago, but beef demand in stores and restaurants is actually at a forty-year high. That means consumers are still hungry for beef and willing to pay premium prices, helping to keep the industry stable despite fewer animals moving through the system.

If you are a producer or in the cattle business, what does this mean for you right now? First, short-term volatility is likely to stick around. With global trade, consumer demand, and domestic supply all in flux, it is vital to stay tuned to daily market swings if you are marketing fed cattle or planning feeder placements this winter. Second, the market is rewarding quality. High grading cattle and those hitting the Choice or Prime mark are bringing top dollar, so focusing on animal health, nutrition, and genetics can really pay dividends in today’s environment.

If you are tracking prices or planning to buy or sell cattle soon, keep in mind that futures and cash prices are moving fast, and local factors may create even more variation. Talk to your local market rep or extension agent for the most current info in your region.

That is it for today’s episode of the Daily Live Cattle Price Tracker. I am Vanessa Clark, reminding you to subscribe and join me next time for the latest in live cattle prices and market trends. Thanks for listening, and take care.

For more http://www.quietplease.ai

Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r

This content was created in partnership and with the help of Artificial Intelligence AI
Pas encore de commentaire