https://www.instagram.com/vanessaclarkipai
This is your Live Cattle podcast.
Hey everyone, welcome to another episode of Daily Live Cattle Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the freshest updates on live cattle markets, futures, cash trades, and what's shaking things up right now.
First off, the spotlight: June live cattle futures on the Chicago Mercantile Exchange closed higher at $244.35, up $1.07 from the previous session, while August settled at $240.67, up 87 cents. April contracts are trading around $244, reflecting strong momentum after gains of 40 cents to $1.07 this week. Cash markets are waiting on direct business, with last week's southern sales at $234 to $235 and northern bids limited at $238. USDA reports negotiated live steers over 80% Choice averaging $240.25, steady to a bit lower from last week.
Boxed beef saw some pressure, with Choice down $1.07 to $394.42 and Select off 34 cents at $392.59, amid light demand. Feeder cattle are rallying too—May closed $1.52 higher at $368, and auction prices like Ozarks Regional showed steers 667 to 680 pounds fetching $410 to $417.50.
Big news on the labor front: Over 3,800 immigrant workers at JBS in Greeley, Colorado—the largest US meat processor—are in their third week of a historic strike since mid-March, the first major one in 40 years. They're pushing back on low wages, dangerous conditions, and lack of protective gear at the plant that processes 6,000 head daily. This could tighten supplies if it drags on.
Slaughter volumes are up slightly to 107,000 head Wednesday, but packers are losing $200 per head, keeping pressure on margins. Volatility is up, but prices stay strong despite tight beef cow numbers and front-loaded feedlots.
Pro tip for trackers: Watch cash trades kick off this week—could push prices higher toward $244 or beyond. Stay tuned for tomorrow's moves before Good Friday closes markets early.
Thanks for joining me on Daily Live Cattle Price Tracker—subscribe, tune in next time for more real-time insights, and keep those trades smart!
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.