Strong demand, softer futures, and a seasonal calf run—this week we untangle what’s signal and what’s noise across the beef supply chain. Sarah Muirhead sits down with BEEF contributors Clint Peck and Nevil Speer to map out where cash cattle and feeders actually stand, why corn’s recent firming matters for feedyard margins, and how to use futures or LRP to define downside while preserving upside when volatility spikes. We tackle the renewed call for a meatpacker investigation with a clear-ey...
A single hint of “we’re working a deal” sent futures skidding and producers asking what comes next. We pull back the curtain on why vague policy signals spark outsized volatility, what inflation-adjusted prices actually show about beef affordability, and how strong consumer demand continues to drive both retail aisles and restaurant menus. The headline might be “beef is too expensive,” but the underlying story is about uncertainty, incentives, and the long shadows cast by drought and credit. ...
America's beef industry continues to ride an extraordinary wave of prosperity, marking 238 consecutive weeks of better prices year-over-year since March 2021. Fed cattle prices hover around $240, while feeder cattle values have skyrocketed to approximately $360 per hundredweight—representing a staggering $1,000 more per head than just twelve months ago. This price explosion has dramatically increased the equity requirements for cattle feeders, with a 50,000-head operation now needing an addit...
Beef markets are soaring to unprecedented heights. The choice cutout recently closed above $400 - a genuine milestone that marks the first time we've crossed this threshold outside of COVID-19's chaotic market disruptions. This remarkable achievement isn't just a number; it's a testament to unwavering consumer demand for beef despite premium prices. With fed steers averaging nearly $245 and feeder cattle indices hitting $350, producers across the industry are experiencing a golden moment. Ho...
A remarkable resilience characterizes today's beef market, with fed cattle trading around $235 and calves selling at unprecedented prices approaching $2,200 per head. Behind these impressive numbers lies a fundamental story of demand rather than mere consumption. The beef industry has successfully expanded the entire economic pie through unwavering focus on consumer preferences and quality consistency. This 40-year journey to improve production systems has eliminated what was once a co...
Record-breaking prices continue to define the beef market landscape as producers and industry insiders navigate unprecedented territory. The latest fed cattle average hit $235/cwt—a figure never before seen in the industry and running $40 ahead of last year's already strong prices. Despite this remarkable rally, fed beef production through May reached 9.2 billion pounds, the fourth highest on record, contradicting simplified narratives about supply shortages. Behind these numbers lies a fasc...
The cattle market is shattering records with prices around $230 - nearly $40 better than last year - despite increased production volumes. This unprecedented four-year bull run has veterans of the industry struggling to find historical comparisons, with the market staying above year-ago levels for 216 out of 220 consecutive weeks. Choice cutouts recently hit $360, a figure only surpassed during brief spikes during COVID. "In the middle of all this economic uncertainty and noise in the news, ...
The cattle markets show remarkable resilience despite significant international trade challenges, according to BEEF's Clint Peck and Nevil Speer in our inaugural Beef Banter podcast. Fed cattle continue trading steadily around $211-$212 even as exports to China have disappeared – a loss representing approximately $60 per head compared to last year. As Speer notes, "This is not grandpa's game anymore," with fed steers worth approximately $3,000 each. Our conversation challenges some persiste...