U.S. live cattle futures surpassed the mark of $250 per cwt (100 pounds of live weight, the equivalent of 83 arroba).
원본 콘텐츠
In the US market, feeder cattle futures surpassed the historic mark of US$ 250 per cwt (100 pounds of live weight, equivalent to 83 arroba) – this week, driven by record physical trading at the same level in the North and a local cattle herd at the lowest level in 75 years, reports a story from Drovers magazine. “Despite geopolitical tensions and higher fuel costs, strong consumer demand and the lack of imports from Mexico continue to drive both slaughter-ready cattle and feeder cattle (steers/thin cattle) to record levels, as the sector enters the peak barbecue season in the spring,” the text reports. As observed by Drovers, after the correction from the record highs at the end of last year — triggered by a statement from President Trump saying he wanted to reduce beef prices — some analysts were unsure if the market would return to those levels. However, feeder cattle futures surpassed the October 2025 records, while feeder cattle in feedlots also reached new contract highs. The ...