Fundamentals for cattle market support even higher prices
- ZISK
- Jul 9
- 1 min read
A livestock economist says the cattle market is positioned to move higher.
Josh Maples with Mississippi State University Extension says, “Tight supplies is really what’s driving what we’re seeing right now.”
The average live steer price for the five-market area is already running $32 per hundredweight above last year’s levels. “Prices for feeder cattle are typically the strongest whenever you start holding back those heifers,” Maples says. “You’re pulling those heifers out of that mix of feedlot cattle, and once that happens in full, then that’s when we see the tightest supplies.”
July 8, 2025
By Meghan Grebner
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