Kooima thinks the live and feeder cattle futures can also technically build on last week’s higher weekly closes. He is watching $179.50 resistance in December live cattle for confirmation though.

Kevin Good, Vice President of Industry Relations and Analysis with CattleFax, says the herd is still shrinking and so are slaughter levels and that will mean more record prices in 2025.

Between Oct. 18 and Oct. 23, six days after a bearish Cattle on Feed report, the January Feeder Cattle (Figure 1) contract fell 6.5%, from $252.86/cwt to $236.41/cwt, while December live cattle fell 4 ...

In 2024, NASS cancelled the July report, removing critical transparency from the cattle markets. Market analysts, farmers and other stakeholders have been awaiting this report and the overdue ...

The U.S. Department of Agriculture suggested broader reporting requirements for meatpacking companies as it investigates cattle market gyrations driven by the coronavirus pandemic and a fire at a ...

Midday feeder cattle prices are down by 87 cents to $1.52. USDA reported Friday northern cash trade from $186 to $190 ... Cattle Market Down Early August 14, 2023 — 12:49 pm EDT.

That takes more cattle again off the market,” Welch said. “We should see this market continue to get stronger as we rebuild our herds.” As for how much consumers pay at the grocery store, Welch said ...