Cash cattle still hovering around $240, futures up $1.50, and box beef prices dipping in July’s seasonal slump. 🐂📉

IAS Beef Specialist David Rueber dives into:

• Record‐high feeder cattle values (heifers at 337, steers at 368)
• Cheap wet feed + $4 corn slashing cost of gain
• Hedging strategies as break‐evens push past 230

IAS Beef Production Specialist David Rueber will dive into the record-setting highs we’re seeing across live cattle markets—both futures and cash.

He’ll walk us through:

• August futures pushing into the mid-120s
• All-time cash highs near the 240 mark
• Packer margins under pressure as box prices seasonally retreat
• The scorching feeder cattle rally, with yearlings up $10–$15 per head in the last week
• Break-even challenges heading into winter feeding