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This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Live Cattle Price Tracker. I am your host, Vanessa Clark, bringing you the latest news and information on live cattle prices, market trends, and what’s impacting the beef industry today. It’s Thursday, October sixteenth, twenty twenty five, and as always, I’ve got the numbers and insights cattle producers, ranchers, and market watchers need to know.
Starting with today’s headline numbers, the live cattle market is holding strong. According to Brownfield Ag News, December live cattle closed at two hundred forty seven dollars and eighty seven cents, up one dollar and ten cents for the day. February contracts are also higher, closing at two hundred forty nine dollars and fifty five cents, an increase of eighty cents. That’s consistent with what the folks at GX94 Radio are reporting as well, so you know these values are up to date and globally recognized at this hour.
If you’re more focused on the October contract, you will see that it’s trading at around two hundred forty four to two hundred forty five dollars, with Drovers reporting a settlement of about two hundred forty four dollars and seven cents, up one dollar and ninety cents. Overall, the entire live cattle board saw positive movement today, which is exactly the kind of momentum that gives producers reason to keep an optimistic outlook heading into the weekend.
For those interested in feeder cattle prices, November feeder cattle closed at three hundred eighty dollars and ninety five cents, up twenty seven cents. January feeder cattle wrapped up at three hundred seventy eight dollars and fifty five cents, climbing seventy cents. The National Beef Wire is showing their real-time index for feeder cattle at three hundred seventy five dollars and forty three cents. That’s a clear indication of healthy demand, even as market volatility remains a reality this time of year.
On the cash side, USDA’s latest National Daily Direct report for live steers had transactions in the Western Cornbelt last week mostly at two hundred thirty five dollars, while some dressed purchases were at three hundred sixty two dollars. As of the latest report, negotiated cash sales for all beef type steers and heifers averaged between two hundred thirty and two hundred thirty eight dollars for live FOB trades, while dressed trades were clustered in the high three sixties to low three seventies. Cash trade volumes in most regions remain on the lighter side, but with futures markets trending up, sellers may gain a bit more leverage as we move towards the end of the month.
Looking at the bigger picture, boxed beef prices were mixed in USDA’s Thursday morning report, with choice boxes slightly lower at three hundred sixty five dollars and forty eight cents, and select boxes marginally higher at three hundred forty nine dollars and twenty seven cents. And on the production front, federally inspected cattle slaughter continues to climb after a bit of a dip earlier in the month, with Wednesday’s estimate at one hundred twenty two thousand head, up thirteen thousand from last week.
What does all this price action mean for you? If you’re a producer, now is a good time to keep a close eye on sales windows and spot opportunities as packers seek additional near-term supplies. For buyers, elevated prices paired with firm wholesale beef demand suggest the fourth quarter could stay active, especially if holiday buying kicks in early. Keep watching for region-specific trends, since cash movement and negotiated prices can swing quickly based on local conditions.
Before I sign off, a quick reminder: market volatility is a reality, but keeping up on daily prices and trends helps you make informed decisions for your cattle business. That’s what we’re here for.
Thank you for tuning in to Daily Live Cattle Price Tracker with Vanessa Clark. Be sure to subscribe, share with a friend, and join me next time for another fresh look at the cattle markets. Wishing you a productive day and strong prices ahead.
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