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Cattle futures plunge on Trump’s calls for lower U.S. beef prices
Livestock traders are paying attention to President Donald Trump’s vow to tackle high beef prices, sending futures for feeder cattle tumbling the most in four years. Futures for feeder cattle in Chicago dived by as much as 4.1% Tuesday after Trump reiterated a call to bring prices down. “The ranchers for 35 years have done very poorly,” he told reporters. “Now they are doing well, but the price is up.” The president’s plans to provide relief to consumers include importing mor
Oct 31


The source of high cattle and beef prices
High cattle and beef prices are suddenly receiving intense scrutiny from politicians, consumers and the media. While it seems to many that the situation has only recently happened, it has, in fact, been developing for several years. The beef cow herd on January 1, 2025, was 27.86 million head, down 3.78 million head, or 11.9 percent, from the cyclical peak of 31.64 million head in 2019. The beef cow herd is currently the smallest inventory since 1961. The projected 2025 calf
Oct 31


Overall Market Tone Remains Bearish
The T.C. Jacoby Weekly Market Report Week Ending October 24, 2025 Dairy markets both in the U.S. and across the globe continue to feel out the balance of supply and demand. Although the dramatic price decreases seen during the last few weeks have given way to more modest movements, the overall market tone remains bearish. Tuesday’s Global Dairy Trade (GDT) auction, albeit glitchy, ultimately saw the GDT Price Index move down 1.4%, the fifth consecutive lower result. The decli
Oct 29
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