Cattle Call: Heavier Weights Pay Off as Snow Clouds Packer Bids
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Cattle Call: Heavier Weights Pay Off as Snow Clouds Packer Bids
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This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of the Daily Live Cattle Price Tracker with me, Vanessa Clark. Today were diving into the freshest live cattle market updates, including closing prices, cash trade insights, and what it all means for you whether youre a producer, trader, or just keeping tabs on beef prices.
First up, the headline numbers from Thursdays closing markets according to CK News Today and GX94 Radio. Live cattle futures on the CME wrapped up with February at 232.42 down 67 cents, and April at 234.85 down just 10 cents. Cash markets stayed steady overall, with FOB live prices hitting 233 per hundredweight in Kansas and Nebraska per Cattle Current, and a few trades at 232 in the western Corn Belt from Cattle Report. Boxed beef saw some softening too, with choice boxes at 365.89 down 22 cents and select at 360.04 lower by 2.41, as DTNPF notes. Live equivalent prices ticked up to 269.33, signaling solid underlying demand despite the dips.
Were seeing mixed signals across the board. Slaughter volumes came in at 333,000 head for the week, down from last year per Barchart, but quality grading hit record highs with carcass weights averaging 957 pounds. Fundamentals look bullish with tight supplies, though incoming snow and cold snaps across half the country could shake things up, potentially slowing cattle performance and tweaking marketing plans, as highlighted in the Cattle Report.
For practical takeaways, if youre holding fed cattle, those heavier weights are paying off right now, but watch packer bids closely, they might stay cautious amid weather woes. Producers eyeing feeders, stay nimble, placements are trending lower and prices feel stretched. Traders, keep an eye on volatility futures crashed last Friday on unexplained jitters but bounced back some.
Thats your daily live cattle scoop, packed with the latest from CME futures, cash trades, and boxed beef trends. Thanks for tuning in, friends, hit subscribe and catch you next time for more on live cattle prices and market moves. Take care.
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