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Cattle Markets Take a Tumble: Why Your Beef Dollar Just Got a Little Lighter
https://www.instagram.com/vanessaclarkipai
This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today were diving into the latest on live cattle prices, futures trends, and what it all means for you whether youre a rancher watching your herd or just keeping tabs on beef markets.
Right now, live cattle is trading at 232.22 USd per pound, down about 1.97 percent from yesterday according to Trading Economics. That April contract closed even lower at 232.225, dropping 4.675 points and hitting a five-week low as reported by Pro Farmer. June futures slid to 229.15, down 4.25 points per GX94 Radio closing prices. Cash trade kicked off with dressed sales at 383 in the North and live at 243 to 245 across the Plains, notes Barchart.
This pullback comes after a strong run, with profit-taking and pressure from negative packer margins around negative 257 per head from HedgersEdge data via The Pig Site. Theres also buzz about a possible strike at the JBS plant in Greeley, Colorado, sparking some sell-offs as Cassie Fish from The Beef pointed out in Western Livestock Journal. Boxed beef is mixed, Choice at 377.89 down a bit, Select up to 370.79.
Looking bigger picture, tighter US cattle supplies from a smaller herd and closed Mexico border due to New World screwworm are keeping things volatile, per Utah Farm Bureau. Exports dipped to 12902 metric tons last week.
Actionable tip: If youre holding cattle, watch those technical levels like the 40-day moving average they just broke. Maybe lock in some forward contracts if prices firm up. Traders expect 248 by quarter end.
Thanks for tuning in, pals. Subscribe, share with your ranch crew, and catch you next time on Daily Live Cattle Price Tracker. Stay savvy out there.
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 back to the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today were diving into the latest on live cattle prices, futures trends, and what it all means for you whether youre a rancher watching your herd or just keeping tabs on beef markets.
Right now, live cattle is trading at 232.22 USd per pound, down about 1.97 percent from yesterday according to Trading Economics. That April contract closed even lower at 232.225, dropping 4.675 points and hitting a five-week low as reported by Pro Farmer. June futures slid to 229.15, down 4.25 points per GX94 Radio closing prices. Cash trade kicked off with dressed sales at 383 in the North and live at 243 to 245 across the Plains, notes Barchart.
This pullback comes after a strong run, with profit-taking and pressure from negative packer margins around negative 257 per head from HedgersEdge data via The Pig Site. Theres also buzz about a possible strike at the JBS plant in Greeley, Colorado, sparking some sell-offs as Cassie Fish from The Beef pointed out in Western Livestock Journal. Boxed beef is mixed, Choice at 377.89 down a bit, Select up to 370.79.
Looking bigger picture, tighter US cattle supplies from a smaller herd and closed Mexico border due to New World screwworm are keeping things volatile, per Utah Farm Bureau. Exports dipped to 12902 metric tons last week.
Actionable tip: If youre holding cattle, watch those technical levels like the 40-day moving average they just broke. Maybe lock in some forward contracts if prices firm up. Traders expect 248 by quarter end.
Thanks for tuning in, pals. Subscribe, share with your ranch crew, and catch you next time on Daily Live Cattle Price Tracker. Stay savvy out there.
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 back to the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today were diving into the latest on live cattle prices, futures trends, and what it all means for you whether youre a rancher watching your herd or just keeping tabs on beef markets.
Right now, live cattle is trading at 232.22 USd per pound, down about 1.97 percent from yesterday according to Trading Economics. That April contract closed even lower at 232.225, dropping 4.675 points and hitting a five-week low as reported by Pro Farmer. June futures slid to 229.15, down 4.25 points per GX94 Radio closing prices. Cash trade kicked off with dressed sales at 383 in the North and live at 243 to 245 across the Plains, notes Barchart.
This pullback comes after a strong run, with profit-taking and pressure from negative packer margins around negative 257 per head from HedgersEdge data via The Pig Site. Theres also buzz about a possible strike at the JBS plant in Greeley, Colorado, sparking some sell-offs as Cassie Fish from The Beef pointed out in Western Livestock Journal. Boxed beef is mixed, Choice at 377.89 down a bit, Select up to 370.79.
Looking bigger picture, tighter US cattle supplies from a smaller herd and closed Mexico border due to New World screwworm are keeping things volatile, per Utah Farm Bureau. Exports dipped to 12902 metric tons last week.
Actionable tip: If youre holding cattle, watch those technical levels like the 40-day moving average they just broke. Maybe lock in some forward contracts if prices firm up. Traders expect 248 by quarter end.
Thanks for tuning in, pals. Subscribe, share with your ranch crew, and catch you next time on Daily Live Cattle Price Tracker. Stay savvy out there.
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 back to the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today were diving into the latest on live cattle prices, futures trends, and what it all means for you whether youre a rancher watching your herd or just keeping tabs on beef markets.
Right now, live cattle is trading at 232.22 USd per pound, down about 1.97 percent from yesterday according to Trading Economics. That April contract closed even lower at 232.225, dropping 4.675 points and hitting a five-week low as reported by Pro Farmer. June futures slid to 229.15, down 4.25 points per GX94 Radio closing prices. Cash trade kicked off with dressed sales at 383 in the North and live at 243 to 245 across the Plains, notes Barchart.
This pullback comes after a strong run, with profit-taking and pressure from negative packer margins around negative 257 per head from HedgersEdge data via The Pig Site. Theres also buzz about a possible strike at the JBS plant in Greeley, Colorado, sparking some sell-offs as Cassie Fish from The Beef pointed out in Western Livestock Journal. Boxed beef is mixed, Choice at 377.89 down a bit, Select up to 370.79.
Looking bigger picture, tighter US cattle supplies from a smaller herd and closed Mexico border due to New World screwworm are keeping things volatile, per Utah Farm Bureau. Exports dipped to 12902 metric tons last week.
Actionable tip: If youre holding cattle, watch those technical levels like the 40-day moving average they just broke. Maybe lock in some forward contracts if prices firm up. Traders expect 248 by quarter end.
Thanks for tuning in, pals. Subscribe, share with your ranch crew, and catch you next time on Daily Live Cattle Price Tracker. Stay savvy out there.
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