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Cattle Futures Soar Amid Beef Price Surge and Trade Hopes

8/13/2025

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Summary

Story summary

Cattle futures surged on August 12, 2025, fueled by robust beef prices and a hopeful US-China tariff truce that brightened export prospects. The USDA revealed impressive increases in boxed beef values, while grain markets braced for the WASDE report, anticipating record-breaking corn and soybean yields that could shake up the industry.

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Story summary

Cattle futures surged on August 12, 2025, fueled by robust beef prices and a hopeful US-China tariff truce that brightened export prospects. The USDA revealed impressive increases in boxed beef values, while grain markets braced for the WASDE report, anticipating record-breaking corn and soybean yields that could shake up the industry.