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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 Vanessa Clark and it is Tuesday, October twenty-first, twenty twenty-five. If you want the latest live cattle prices and news explained in everyday language, you are absolutely in the right place.
Let us jump right into the headline everyone’s watching this week: the current trading price for live cattle. As of today, October live cattle are trading at about two hundred forty-three dollars and eighty-five cents per hundredweight, up about two dollars from yesterday’s close. That is according to Barchart, which tracks futures prices closely. In the cash market, live cattle prices last settled at two hundred forty to two hundred forty-one dollars across both the North and South, according to the Ag Center Cattle Report. That means this week is starting strong after a pretty volatile close last week and a generally higher move over the last several trading days.
So, why the upward move in live cattle prices? First, we are seeing a classic supply and demand story. Show lists, which are simply the number of cattle available for sale, are smaller in all regions. That gives sellers more leverage and is helping keep prices up. Also, some cattle owners are feeling the effects of recent droughts and are choosing to hold back more cattle to rebuild their herds rather than send them to market. This tightening in cattle supply is one of the biggest drivers keeping prices high across the board.
But you may have heard some noise in the news about plans to import more beef from Argentina. President Trump made headlines by suggesting that the U.S. could buy more Argentine beef to try to bring down high beef prices at the grocery store. According to reporting from Fortune and also the Lonesome Report podcast, this sparked quite a debate and triggered a sudden drop in cattle futures at the end of last week, as traders braced for the prospect of more imports. Ranchers are pushing back, arguing that increased imports could harm the domestic market and would likely do little to lower store prices in the short term anyway—especially since Argentina only represents about two percent of U.S. beef imports at the moment. Most industry experts say the disruptions would mostly create uncertainty without helping consumers much at the checkout.
On the replacement side, feeder steers and heifers were mostly five to fifteen dollars lower last week except for lighter weight calves, which were actually up. Demand remains solid for steers, while heifer calf demand has moderated. Producers are watching costs closely because, with the high price of replacement cattle, break-even levels are climbing and that adds some risk to anyone looking to expand or rebuild their herds right now.
Some other trends worth noting: weights coming into feedlots are up by about twenty-five pounds compared to last year. Gains on pasture have been solid thanks to better grazing conditions this summer. Also, the U.S. continues to deal with tight processing margins, and many processors are losing money at current beef prices, which is limiting slaughter plant capacity somewhat as the industry waits for cattle numbers to grow.
So what should you keep an eye on moving forward? Watch how the talk of increased Argentine beef imports plays out over coming weeks. Also look for continued volatility in the live cattle futures market as supplies stay tight and policy debates heat up. For producers, it is all about managing risk in this high-stakes market.
Thanks for joining me for today’s episode of the Daily Live Cattle Price Tracker. I am Vanessa Clark and I hope you found this market update useful and easy to follow. Be sure to subscribe and tune in tomorrow for more fresh insights, the latest prices, and the news that matters to everyone in the cattle trade. Have a great day and take care!
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