Cattle Markets Surge; Tariff Reduction Impact
Update: 2025-11-18
Description
Live cattle futures surged this week, with front month contracts gaining over two dollars, signaling a bullish start. Cash trade reports are pending, but last weeks prices ranged from two hundred twenty-five to two hundred twenty-seven dollars. Feeder cattle futures also rose significantly, though the CME Feeder Cattle Index dipped slightly. The White House announced a reduction in tariffs on imported beef, which could impact future market dynamics. Wholesale boxed beef prices were mixed, with Choice boxes decreasing slightly and Select boxes increasing. Slaughter numbers were higher than last week but still below last years levels.
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