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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Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
With the latest detection just across the border, animal health officials on both sides are intensifying efforts to contain the outbreak before it spreads further north.
The USDA NASS report also confirms lower August placements.
Lawmakers and ag industry groups welcomed the confirmations, citing the direct impact of these leaders on western ranchers, water and land management, conservation programs, and regulatory reform.
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
