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Cattle Market Roundup: Whiplash Week, Stronger Year

Cattle Market Roundup: Whiplash Week, Stronger Year

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

Hello and welcome back to the Daily Live Cattle Price Tracker, your trusted source for the latest market updates, insights, and trends in the world of live cattle. I am Vanessa Clark, and whether you are a producer, buyer, or just someone interested in commodity markets, I am here to help you cut through the noise and keep up with the fast-changing cattle market.

Let us dive right in with today’s numbers. On Friday, November 7, live cattle closed at two hundred twenty-one dollars and thirty-five cents per hundredweight for the December contract. That is up two dollars and fifty-seven cents from the previous day, showing a nice end-of-week boost. February live cattle ended at two hundred nineteen dollars and seventy-five cents, up three dollars on the day. If you are following live cattle futures for planning, hedging, or investment decisions, these moves cap off a week with a lot of twists and turns.

According to Trading Economics, the spot market price for live cattle was recently seen at about two hundred eighteen dollars and seventy-four cents per pound. Compared to a month ago, prices are down roughly six percent, but they are still an impressive seventeen percent above where we were at this time last year. If you have been holding cattle or marketing them through this year, you are likely still in a stronger spot than a year ago even after the recent dip.

What is driving all this price action? This week saw intense volatility, with supplies tightening in some regions and the aftershock of this summer’s record highs—remember, live cattle hit an all-time high of over two hundred forty-six dollars back in August. According to recent USDA numbers, negotiated cash sales for live steers in major feeding regions like Texas, Kansas, and Nebraska averaged between two hundred twenty-five and two hundred thirty-two dollars per hundredweight on a live FOB basis, with similar prices on heifers. Dressed prices ranged from three hundred fifty-five to three hundred sixty-five dollars per hundredweight, depending on grade and location.

On the ground, the Central Stockyards online auction this morning saw fed cattle sales range from two hundred twenty-eight to two hundred thirty dollars. This is a sign that both buyers and sellers are feeling a bit more confident going into the weekend after what has been, frankly, a whiplash month.

As always, it is important to pay attention to boxed beef values and slaughter numbers. The USDA’s latest report shows mixed boxed beef prices, but slaughter head counts are still running lower than last year. This underscores a broader trend of tighter supplies—one of the key factors supporting the current market strength despite some week-to-week pullbacks.

If you are thinking about when to market your cattle, keep an eye on feed costs and broader economic indicators. Many analysts expect some price recovery by early next year, so flexibility and staying informed will be your best allies.

That is it for today’s Daily Live Cattle Price Tracker. I am Vanessa Clark, and I hope this snapshot helps you understand where the market is heading and gives you confidence in your next move. Thanks for joining me. Be sure to subscribe on your favorite podcast platform and tune in next time for more up-to-the-minute cattle market news and actionable insights. Take care!

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This content was created in partnership and with the help of Artificial Intelligence AI
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