Cattle market: What’s next?
- ZISK
- 3 hours ago
- 1 min read
Live cattle and feeder cattle futures have corrected off recent highs in reaction to a couple different events. Cash steer prices have edged downward off record highs that were reached in late February. This has contributed to active selling despite the large discount to cash.
On March 9, futures traded sharply lower (feeders hit limit losses) off news that union workers at the JBS plant in Greeley, Colo., gave seven-day notice to strike. Futures also absorbed large selling due to outside market reactions to the war with Iran. In my opinion, the war with Iran will prove to only be a hiccup in regard to impacting live cattle and feeder cattle prices. The JBS situation merits further discussion.
Dennis Smith
March 10, 2026
Comments