Cattle anticipate Wednesday, amid mounting strain on the beef industry
In the latest market report, a significant shift was observed in the cattle industry.
On Tuesday, both Choice boxes and Select boxes experienced a decline. Choice boxes closed at $392.62, a drop of $5.91, while Select boxes were $5.63 lower, closing at $373.17.
The trend of decreasing prices extended to Feeder Cattle as well. On October 25, Feeder Cattle closed at $354.300, a fall of $0.200 from the previous day. The same trend was seen earlier in September, with Feeder Cattle closing at $358.325 on the 25th, a decrease of $0.475.
The downward trend continued into the week, with losses in nearby contracts for Feeder Cattle futures being limited to just 20 to 80 cents. The CME Feeder Cattle Index reflected this trend, dropping 52 cents to $361.63 on September 15.
The weekly total of USDA federally inspected cattle slaughter stood at 231,000 head, with Tuesday's estimated slaughter being 121,000 head.
Live cattle futures also saw a decline. The October, December, and February contracts closed at $233.450, $235.150, and $237.000 respectively, all down from their previous closing prices.
The USDA Food Safety and Inspection Service (FSIS) supervises USDA-federally inspected cattle slaughter, although the exact number of cattle slaughtered in September 2025 is not specified in the provided search results.
Much of this week's early cash action has been compiling showlists.
It is important to note that all information provided is for informational purposes only. No positions are held by Austin Schroeder in the mentioned securities (as of publication).
In the most recent report, the Chc/Sel spread for USDA Wholesale Boxed Beef prices stood at $19.45. On Tuesday, preliminary open interest for live cattle futures contracts was up 1,904 contracts.
As of November 25, Feeder Cattle closed at $349.400, marking a decrease of $0.850 from the previous day.
This market update aims to provide a clear and straightforward overview of the latest trends in the US cattle industry. Stay tuned for more updates as the market continues to evolve.
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