Cattle futures lower ahead of direct businessAt the Chicago Mercantile Exchange, live and feeder cattle were lower, waiting on direct business to develop. April live cattle closed $.77 lower at $237.52 and June live cattle closed $.52 lower at $233.80. March feeder cattle closed $2.67 lower at $364.77 and April feeder cattle closed $1.92 low...
US cattle herds hit lowest levels in 75 years, USDA reportsThe U.S. cattle herd has dropped, marking its lowest level in 75 years, according to a recent USDA report. The report found there are only 86.2 million head of cattle and calves on U.S. farms as of Jan. 1, 2026, which is the lowest number of cattle in America since 1951. That number went down 0.4%...
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Cattle Futures Rebound, but Record Prices Bring Record RiskWhat Happened Unprecedented high prices for live and feeder cattle markets this past fall gave way to a quick sell-off. After peaking in the upper $240 range, live cattle futures moved to nearly $200 in mere weeks. This significant price drop was a reminder of how quickly prices can change direction...
How will Trump’s beef deal with Argentina affect Iowa ranchers?Iowa ranchers are concerned about the domestic impact of a recent trade deal that would allow the U.S. to import an additional 80,000 metric tons of lean beef trimmings from Argentina. President Donald Trump issued a proclamation to temporarily increase the U.S. tariff-rate quota for Argentinian b...
USMEF provides update at CattleCon on regaining beef’s access to ChinaDuring the 2026 CattleCon, leaders from the US Meat Export Federation (USMEF) met with producers from across the nation, where they answered the cattle industry’s top questions about regaining beef access in China. According to Erin Borror, vice president of economic analysis at USMEF, little progr...
Texas beef prices could see dramatic increase for producers, consumersThe latest U.S. Department of Agriculture cattle inventory report delivered another clear signal that the U.S. beef herd has yet to turn the corner, and Texas remains central to the story, said Texas A&M AgriLife Extension Service experts. Nationally, the number of beef cows dropped just over 1 per...
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Trump Follows Through on Argentine Beef Imports as Cattle Groups Stay WaryFollowing through on an announcement made in October, President Donald Trump on Friday last week signed a proclamation to increase imports of beef from Argentina. The proclamation, reported by Reuters, will allow an additional 80,000 metric tons of lean beef trimmings per year to be imported tariff...
Cattle futures mostly higher to start the weekAt the Chicago Mercantile Exchange, live and feeder cattle were mostly higher ahead of the week’s direct business. April live cattle closed $.95 higher at $238.20 and June live cattle closed $.47 higher at $234.32. March feeder cattle closed $.02 higher at $367.45 and May feeder cattle closed $.40 ...
Hog market reporting is nimble, confidential and usefulBeginning Jan. 5, 2026, USDA’s Agricultural Marketing Service made administrative changes to the National Weekly Direct Swine Non-Carcass Merit Premium (LM_HG250) report. The terminology “non-carcass merit premium” means an increase in the base price of the swine offered by an individual packer or p...
China's ongoing lockout of U.S. beef top of mindU.S. Meat Export Federation (USMEF) leaders were on hand as the cattle industry gathered in Nashville, Tenn., for the 2026 Cattle Industry Convention. Top of mind for the industry was the continued lockout of U.S. beef in the China market. USMEF vice president of economic analysis Erin Borror addre...
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