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Fed cattle traded at $191-192 per hundredweight in the South and $193-195 live in the North in the week before December 17. USDA cut its 2025 second and third quarter beef production forecasts, which it linked to the closure of feeder cattle imports from Mexico.
The article notes uncertainty over a possible USDA decision to reopen the border.
Lower projected beef output from reduced feeder imports tightens supplies and supports cattle prices, while any border reopening could ease feeder prices.
beefmagazine.comTrey FreemanJan 1, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
