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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 movements, and what it all means for you in the cattle game.
First up, the current trading scoop. According to Barchart and GX94 Radio closing reports, April live cattle futures settled at 240.65, down 0.32 for the day, while June came in at 236.25, also off by 0.32. Barchart notes live cattle futures slipped lower overall, down a nickel to 75 cents intraday, with feeder cattle futures seeing losses of 67 cents to 2.15 in front months. DTN updates confirm April live cattle around 240.475 to 240.575, down about 0.40 to 0.50 as trading wrapped up.
Cash trade stayed quiet this week, with a few Kansas sales at 243 on Wednesday, and no action in Thursdays Fed Cattle Exchange auction on 1,272 head offered, though bids hit 240 on the hoof. Wholesale boxed beef prices dipped too, Choice at 365.53 down 39 cents, Select at 361.99 off 59 cents, per Barchart. USDA slaughter tallied 116,000 head Wednesday, weekly total 339,000, up a bit from last week.
Export news shows beef sales at 15,660 metric tons last week, down some, with shipments at a four-week low. Feeder cattle index held at 374.36, per CME data.
Heres your actionable takeaway, pals: With prices softening on quiet cash flow and steady supply, keep eyes on Friday trade for direction. If youre holding cattle, consider locking in futures hedges now to shield against more dips, or watch boxed beef for demand signals. Strong fundamentals like tight supplies could spark a rebound soon.
Thanks for tuning in, friends. Subscribe, share with your ranch crew, and catch you next time on the Daily Live Cattle Price Tracker!
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