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Cattle Prices Surge Amid Market Recovery, Analyst Predicts $250

2/10/2026

37 6 Full Breakdown

Summary

Story summary

Cattle prices rose February 9, 2026, with southern deals at $242–$245, up $3–$6 from last week.
Northern dressed prices reached $378, up $1.
Market analyst Brad Kooima attributes the lift to a recovery from a selloff tied to a worker strike at the JSB beef plant in Greeley, Colorado, and says prices could reach $250 in weeks.
He expects higher cash trade this week due to smaller showlists.

History

Historical Context

In 2014, U.S. cattle prices soared above $150 per hundredweight due to drought and a 10% decline in cattle inventory, leading to supply shortages. Recent price increases, linked to a recovery from a worker strike at the JSB beef plant, echo historical volatility in the beef industry, highlighting ongoing challenges that may sustain elevated prices and necessitate market adjustments.

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Story summary

Cattle prices rose February 9, 2026, with southern deals at $242–$245, up $3–$6 from last week.
Northern dressed prices reached $378, up $1.
Market analyst Brad Kooima attributes the lift to a recovery from a selloff tied to a worker strike at the JSB beef plant in Greeley, Colorado, and says prices could reach $250 in weeks.
He expects higher cash trade this week due to smaller showlists.

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