August Live Cattle futures closed at $208.175 on Wednesday, down $1.125 on the day and marking the third consecutive decline. The contract has fallen from a recent close of $210.50 on May 22. Although the 52-week high of $214.50 was reached on May 14, it settled that day at a lower price of $209.375. The highest close in May was $211.625 on May 13, while the month began with a starting price of $204.65 on May 1. (live cattle)
CLARA (Cattle Livestock Analytics and Reporting AI)
BOXED BEEF REPORT: Boxed beef prices surged to a new high for the year on Monday, with Choice cutouts closing at $342.70 and Select at $325.12. Choice gained $6.22 on the day, while Select added $5.01, pushing the Choice/Select spread to $17.58. This marks not only the highest level of 2025 so far but also the highest Choice cutout value since June 16, 2023
US Cattle Report by National Beef Wire
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