Futures markets rallied in recent days following record national average prices paid for fed cattle. With several USDA reports on the way, we are about to get a better picture on where markets are heading in 2025.
AFBF Economist Bernt Nelson spoke with RFD-TV’s own Tammi Arender on what we can expect from upcoming reports, demand in the cattle market, and what producers should keep an eye on.
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Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.