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Beef Prices Buck Up While Futures Fall: Navigating the JBS Strike Ahead
https://www.instagram.com/vanessaclarkipai
This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today, were diving into the latest on live cattle prices, market moves, and what it all means for you.
Right now, April live cattle futures are closing at 234.57 per hundredweight, down 3.95 from yesterday, according to GX94 Radio closing prices. June contracts sit at 231.47, also down 3.80. GX94 Radio reports that. Cash markets saw southern cattle drop 4 dollars and northern dressed cattle down 3 dollars last week, with DTN noting packers slowing slaughter to push prices lower. Live equivalent prices dipped to 283.65, off 19 cents per DTN analyst Robin Schmahl.
Futures took a hit from selling pressure and economic worries, plus a potential strike at the JBS plant in Greeley, Colorado, starting March 16 after union notice, as DTN reports. Funds sold off over 4,900 contracts, now net long 112,044. But on the bright side, choice boxed beef hit 386.41 per hundredweight, up 9 percent since January and 23 percent year over year, signaling strong demand despite tight supplies, per Cattle Range and Oklahoma State Universitys Derrell S. Peel.
Weekly USDA data shows formula dressed steers and heifers averaging 390.37 per hundredweight for the week ending March 8, with top-grade heifers at 395.25, from IndexBox. Heavier carcass weights are offsetting lower slaughter volumes too.
Takeaway: If youre holding cattle, watch that JBS strike closely, it could tighten supplies more. Tight herds mean long-term support, so consider locking in forward contracts if prices dip further. Stay nimble, chat with your buyer, and track boxed beef for demand clues.
Thanks for tuning in, friends. Subscribe, share with your ranch buddies, and catch you next time on Daily Live Cattle Price Tracker. 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
This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today, were diving into the latest on live cattle prices, market moves, and what it all means for you.
Right now, April live cattle futures are closing at 234.57 per hundredweight, down 3.95 from yesterday, according to GX94 Radio closing prices. June contracts sit at 231.47, also down 3.80. GX94 Radio reports that. Cash markets saw southern cattle drop 4 dollars and northern dressed cattle down 3 dollars last week, with DTN noting packers slowing slaughter to push prices lower. Live equivalent prices dipped to 283.65, off 19 cents per DTN analyst Robin Schmahl.
Futures took a hit from selling pressure and economic worries, plus a potential strike at the JBS plant in Greeley, Colorado, starting March 16 after union notice, as DTN reports. Funds sold off over 4,900 contracts, now net long 112,044. But on the bright side, choice boxed beef hit 386.41 per hundredweight, up 9 percent since January and 23 percent year over year, signaling strong demand despite tight supplies, per Cattle Range and Oklahoma State Universitys Derrell S. Peel.
Weekly USDA data shows formula dressed steers and heifers averaging 390.37 per hundredweight for the week ending March 8, with top-grade heifers at 395.25, from IndexBox. Heavier carcass weights are offsetting lower slaughter volumes too.
Takeaway: If youre holding cattle, watch that JBS strike closely, it could tighten supplies more. Tight herds mean long-term support, so consider locking in forward contracts if prices dip further. Stay nimble, chat with your buyer, and track boxed beef for demand clues.
Thanks for tuning in, friends. Subscribe, share with your ranch buddies, and catch you next time on Daily Live Cattle Price Tracker. 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
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By Inception Point Aihttps://www.instagram.com/vanessaclarkipai
This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today, were diving into the latest on live cattle prices, market moves, and what it all means for you.
Right now, April live cattle futures are closing at 234.57 per hundredweight, down 3.95 from yesterday, according to GX94 Radio closing prices. June contracts sit at 231.47, also down 3.80. GX94 Radio reports that. Cash markets saw southern cattle drop 4 dollars and northern dressed cattle down 3 dollars last week, with DTN noting packers slowing slaughter to push prices lower. Live equivalent prices dipped to 283.65, off 19 cents per DTN analyst Robin Schmahl.
Futures took a hit from selling pressure and economic worries, plus a potential strike at the JBS plant in Greeley, Colorado, starting March 16 after union notice, as DTN reports. Funds sold off over 4,900 contracts, now net long 112,044. But on the bright side, choice boxed beef hit 386.41 per hundredweight, up 9 percent since January and 23 percent year over year, signaling strong demand despite tight supplies, per Cattle Range and Oklahoma State Universitys Derrell S. Peel.
Weekly USDA data shows formula dressed steers and heifers averaging 390.37 per hundredweight for the week ending March 8, with top-grade heifers at 395.25, from IndexBox. Heavier carcass weights are offsetting lower slaughter volumes too.
Takeaway: If youre holding cattle, watch that JBS strike closely, it could tighten supplies more. Tight herds mean long-term support, so consider locking in forward contracts if prices dip further. Stay nimble, chat with your buyer, and track boxed beef for demand clues.
Thanks for tuning in, friends. Subscribe, share with your ranch buddies, and catch you next time on Daily Live Cattle Price Tracker. 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
This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today, were diving into the latest on live cattle prices, market moves, and what it all means for you.
Right now, April live cattle futures are closing at 234.57 per hundredweight, down 3.95 from yesterday, according to GX94 Radio closing prices. June contracts sit at 231.47, also down 3.80. GX94 Radio reports that. Cash markets saw southern cattle drop 4 dollars and northern dressed cattle down 3 dollars last week, with DTN noting packers slowing slaughter to push prices lower. Live equivalent prices dipped to 283.65, off 19 cents per DTN analyst Robin Schmahl.
Futures took a hit from selling pressure and economic worries, plus a potential strike at the JBS plant in Greeley, Colorado, starting March 16 after union notice, as DTN reports. Funds sold off over 4,900 contracts, now net long 112,044. But on the bright side, choice boxed beef hit 386.41 per hundredweight, up 9 percent since January and 23 percent year over year, signaling strong demand despite tight supplies, per Cattle Range and Oklahoma State Universitys Derrell S. Peel.
Weekly USDA data shows formula dressed steers and heifers averaging 390.37 per hundredweight for the week ending March 8, with top-grade heifers at 395.25, from IndexBox. Heavier carcass weights are offsetting lower slaughter volumes too.
Takeaway: If youre holding cattle, watch that JBS strike closely, it could tighten supplies more. Tight herds mean long-term support, so consider locking in forward contracts if prices dip further. Stay nimble, chat with your buyer, and track boxed beef for demand clues.
Thanks for tuning in, friends. Subscribe, share with your ranch buddies, and catch you next time on Daily Live Cattle Price Tracker. 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