Tight Herds and High Stakes: Why February's Cattle Numbers Mean Money for Your Ranch
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This is your Daily Live Cattle Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Live Cattle Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on live cattle prices, futures moves, and what it all means for you.
Closing prices from GX94 Radio show April live cattle futures at 229.20, down 2.80 for the day, while June contracts settled at 235.45, off 2.07. Feeder cattle took a hit too, with March at 364.50 down 3.52 and April at 361.42 down 3.62. Cash markets saw some strength last week, with southern live cattle mostly at 249 dollars, up a dollar from prior averages, and northern dressed cattle hitting 388 dollars, up seven bucks, according to DTN Progressive Farmer reports.
The big news is the February USDA Cattle on Feed report, highlighting 11.51 million head on feed as of February 1, down 1.8 percent from last year. Placements came in below expectations at 95 percent of a year ago, and marketings were at 87 percent, signaling tight supplies ahead. Feedstuffs and Cattle Range analysis point to ongoing inventory declines, with just 16.1 percent of all U.S. cattle in feedlots now, and feeder supplies not enough to sustain current levels.
External pressures like a potential JBS plant strike in Colorado and geopolitical tensions nudged futures lower today, per DTN, but fundamentals stay strong with high beef demand and boxed beef values up, choice at 366.70 and select at 360.74.
For you producers and buyers, heres your takeaway: watch cash trades closely this week as packers push for supply. Tight herds mean beef prices could climb more in 2026, so if youre holding cattle, consider locking in gains soon.
Thanks for tuning in, friends. Subscribe, share with your ranch crew, and well catch you next time on Daily Live Cattle Price Tracker. Stay savvy out there.
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