Cull Cow Prices Hold Firm Despite Seasonal Pressure

Firm live cow prices and shifting dairy-side culling suggest cull cow values may stay stronger than usual this winter despite weaker cow beef cutout trends.

LUBBOCK, Texas (RFD-TV) — Cull cow prices are holding unusually firm heading into late fall, bucking their normal seasonal decline even as beef imports and tariff policy dominate recent headlines.

According to Dr. David Anderson, Livestock Marketing Economist with Texas A&M AgriLife Extension, the market typically weakens this time of year as both beef and dairy operations increase culling after weaning and during herd management shifts. Those seasonal factors usually coincide with softer end-of-grilling-season demand, creating predictable price lows in the fall. But this year’s Southern Plains cull cow market has remained far stronger than expected.

Dr. Anderson notes that Southern Plains cull cow auction prices climbed to roughly $165 per cwt in June and have stayed near that level through the fall, slipping briefly before rebounding each time.

National average cutter cows have eased about $9 per cwt to $126, but live cow prices overall remain historically strong. The cow beef market, however, is acting more traditionally. The boxed cow beef cutout has fallen from $340 to $317 per cwt, and wholesale 90-percent lean trimmings have slid from $436 to $404 per cwt, both reflecting the usual fall decline in cow beef values.

Looking ahead, Dr. Anderson expects dairy-side culling to pick up. USDA’s latest report shows the dairy herd at 9.85 million head, the largest since at least 1993, with September milk production up 4 percent from last year.

Lower milk prices and strong returns from beef-on-dairy breeding are likely to pressure dairy culling higher, while beef cow culling should remain historically low due to tight cow inventories and incentives to expand. That combination — more dairy cows and fewer beef cows entering the pipeline — is expected to keep cull cow prices elevated deeper into winter.

Farm-Level Takeaway: Firm live cow prices and shifting dairy-side culling suggest cull cow values may stay stronger than normal this winter despite weaker cow beef cutout trends.
Tony St. James, RFD-TV Markets Specialist
Related Stories
Texas A&M livestock economist Dr. David Anderson joins Tony St. James to discuss the geopolitical tensions and U.S.-Mexico border closure that are leading to sharp swings in the cattle market.
Arizona producers are proving that desert farming and water conservation can coexist through technology, reuse, and efficiency — reinforcing both food security and environmental stewardship.
Rabobank’s outlook signals a tightening margin environment, emphasizing the need for cost control, trade stability, and clearer policy signals heading into 2026.
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
Tara Vander Dussen, fifth-generation dairy farmer, environmental scientist, and co-host of Discover Ag, joined RFD-TV to talk about her work in agriculture and her passion for sharing the story of dairy.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Tariff relief may soften grocery prices, but it also intensifies competition for U.S. fruit, vegetable, and beef producers as cheaper imports regain market share.
Strong U.S. yields and steady demand leave most major crops well supplied, keeping price pressure in place unless usage strengthens or weather shifts outlooks.
Retail competition and improved supplies are helping offset food inflation, pushing Thanksgiving meal costs modestly lower despite higher prices for beef, eggs, and dairy.
While agriculture doesn’t predict every recession, the sector’s long history of turning down before the broader economy
The ACRE Act modestly reduces farmland borrowing costs now, with more savings possible once federal guidance clarifies which loans qualify.
ARC-CO delivers the bulk of 2024 support, offering key margin relief as producers manage tight operating conditions.