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In this week’s episode of IAS Market Talk, Beef Production Specialist Dave Rueber breaks down what’s been a rough two weeks in the cattle markets. After record highs in both feeder and fat cattle, prices have pulled back sharply — with feeder cattle values falling roughly 15% in just two and a half weeks.
“You know that feeder cattle index, which signifies an 800-pound steer, has gone from 370 to less than 340. So, a $3,040 drop. Throw in today's big drop, and it's going to be softer going forward,” Rueber explains.
Dave also discusses how emotions are driving markets as much as fundamentals right now, why this isn’t a supply and demand problem, and why he sees this stretch as a short-term “Band-Aid ripping off” moment after historic highs.
Stay tuned for what you need to know, from the people you know — timely insights to help Northeast Iowa and Southwest Wisconsin producers make confident marketing decisions
👉 innovativeag.com
Podcast: https://www.innovativeag.com//feed#MarketTalk
Make a real impact! IAS Operations roles offer hands-on work, training, growth, and competitive pay—helping fuel the future of agriculture. Join the operations team and grow with IAS! Apply today at https://www.innovativeag.com/careers/job-openings.
By IAS CommunicationsIn this week’s episode of IAS Market Talk, Beef Production Specialist Dave Rueber breaks down what’s been a rough two weeks in the cattle markets. After record highs in both feeder and fat cattle, prices have pulled back sharply — with feeder cattle values falling roughly 15% in just two and a half weeks.
“You know that feeder cattle index, which signifies an 800-pound steer, has gone from 370 to less than 340. So, a $3,040 drop. Throw in today's big drop, and it's going to be softer going forward,” Rueber explains.
Dave also discusses how emotions are driving markets as much as fundamentals right now, why this isn’t a supply and demand problem, and why he sees this stretch as a short-term “Band-Aid ripping off” moment after historic highs.
Stay tuned for what you need to know, from the people you know — timely insights to help Northeast Iowa and Southwest Wisconsin producers make confident marketing decisions
👉 innovativeag.com
Podcast: https://www.innovativeag.com//feed#MarketTalk
Make a real impact! IAS Operations roles offer hands-on work, training, growth, and competitive pay—helping fuel the future of agriculture. Join the operations team and grow with IAS! Apply today at https://www.innovativeag.com/careers/job-openings.