Story perspectives

Cattle Prices Surge Amid Tight Supplies and Strong Demand

2/3/2025

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Summary

Story summary

The cattle market rebounded, with cash cattle prices up $6-$7 in the South and $2 in the North.
Boxed beef prices rose, despite lower slaughter levels compared to last year.
The Cattle Inventory report revealed tight supplies, which may bolster future prices.
Strong demand for feeder cattle contrasts with challenges in hog futures due to fluctuating demand.
March Feeder Cattle showed volatility, facing resistance around $279.20 due to tariffs and inventory data.

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Story summary

The cattle market rebounded, with cash cattle prices up $6-$7 in the South and $2 in the North.
Boxed beef prices rose, despite lower slaughter levels compared to last year.
The Cattle Inventory report revealed tight supplies, which may bolster future prices.
Strong demand for feeder cattle contrasts with challenges in hog futures due to fluctuating demand.
March Feeder Cattle showed volatility, facing resistance around $279.20 due to tariffs and inventory data.