Monthly Archives: June 2025

The cattle complex traded on both sides of unchanged yesterday, but finished with live cattle flat to mildly lower on everything and feeders were mixed and quiet at the close. Product prices are still moving higher, but last week’s cash was quite a bit weaker with this week’s cash feedlot action still very much up for grabs as to where it lands. Chart technicals at the moment point only one direction and that’s lower. Of course, we’ve been down that road of bearish techincals several times in recent months with some big reversals off of past highs and some sizable gaps lower also, but to date, every time it breaks it doesn’t last long and then it trades up into new highs again. Quarterly Hog…

Date: June 25, 2025 Livestock futures were mixed on Tuesday, overall market uncertainty the biggest impact yesterday. Beef prices firmed but some light volume cash fed cattle trade was reported in NE at $230 to $233 live, $2 to $7 lower than last week. Asking prices in the South from $228 to $230 live. A full recap of last week’s cash fed cattle trade showed feedlots selling 52,291 head of negotiated cash fat cattle, 67% for nearby delivery. Full price range from $223 to $242 live, weighted average $235.11, and $370 to $382 dressed, weighted average $376.37. Outside markets were mixed on Tuesday as well with mixed equities and sharply lower energies. Crude oil opened Sunday night over $4 higher in response to the U.S.…

Date: June 18, 2025 Back and forth price swings for all markets continued on Tuesday. Equites were back lower and US$ higher. All livestock futures settled lower led by sharply lower feeder cattle. We have wild prices swings now since last Friday for cattle futures. Market fundamentals remain supportive with higher cash trade and beef. Outside market influence continues to provide pressure as Israel and Iran continue attacking each other. Inactive cash feedlot trade so far this week. Asking prices in the South still at $238+ live. A full recap of last week’s cash fed cattle trade showed feedlots selling only 51,944 head of negotiated cash fat cattle, 75% for nearby delivery. Full price range from $227 to $244 live, weighted average $238.15, +1.52 from…

Date: June 16, 2025 Cattle futures were sharply lower last Friday which locked in week over week losses, while lean hogs held gains to end the week. Beef prices were sharply higher last week along with pork prices. Cash feedlot trade was mixed with steady to lower prices paid in the North but steady to higher prices in the South. Live trade in NE moved $2 lower, $240 to $242, with dressed trade steady at $380. KS & TX trade though $233 to $240 live, mostly $235 which matches the top end of price range from the week previous. The biggest pressure on cattle coming from a sharply lower equity markets as Israel hit Iran’s nuclear and military facilities with missiles and drones. Weekly closes…

Date: June 11, 2025 Live cattle finished Tuesday steady to lower while feeders and lean hogs continue to rally. The biggest news of the day centered around an ICE raid in Omaha. It was reported at the Green Valley Foods plant and not the JBS beef plant as first expected. Only light volume cash feedlot trade so far this week in the TX panhandle at $235 live. A full recap of last week’s cash fed cattle trade showed feedlots selling 78,808 head of negotiated cash fat cattle, 83% for nearby delivery. Full price range from $220 to $245 live, weighted average at $236.63 and $365 to $386 on a dressed basis, weighted average $380.03 Oklahoma National Stockyards Feeder Cattle - Oklahoma City, OK Livestock Weighted…

Date: June 2, 2025 Mixed trading for cattle and lean hogs to end last week with cattle lower week over week and hogs higher. Cash prices and meat values higher for both last week, but the false rumors about New World Screwworm in the U.S. really set cattle back hard early in the week. Cash fed cattle trade higher for the 7th consecutive week. Trade in KS and TX reported from $220 to $223 live, $1 to $3 higher than the week previous and northern trade $234 to $237 live and $365 to $371 dressed which $4 to $8 higher. Weekly closes for livestock futures and meats… June Live Cattle -$.32, August -$1.10, August Feeder Cattle -$1.55, September -$1.65, June Lean Hogs +$3.02, July +$3.37.…