November 28, 2025
1. MARKET SENTIMENT: Moderately Bearish (4/10)
- Markets attempting to stabilize after recent sharp declines
- Multiple headwinds including trade uncertainty and supply concerns
- Fundamental tightness provides some support despite bearish signals
2. KEY PRICE TRENDS:
- Live cattle futures recovered slightly: Feb contract up 5.600 cents to 212.925
- Feeder cattle futures rebounded: Jan contract up 8.050 cents to 315.125
- Boxed beef prices mixed: Choice down $0.42 to $355.51/cwt, Select down $1.81 to $368.28/cwt
3. TOP 3 NEW DEVELOPMENTS:
- Tyson Foods closing Lexington, NE plant and reducing Amarillo, TX operations due to tight cattle supplies
- Cargill announces commitment to keep beef plants open, investing $90M in Colorado facility
- China extends beef import investigation by 2 months, providing temporary relief from restrictions
4. OUTLOOK:
Ranchers should prepare for continued volatility as the industry grapples with:
- Reduced processing capacity from Tyson plant closures
- Ongoing tight cattle supplies and drought impacts
- Potential shifts in trade dynamics with Brazil and Mexico
- Price pressure from administration's focus on lowering consumer beef costs
Recommendation: Consider risk management strategies given the uncertain environment, particularly with processing capacity reductions potentially impacting regional markets. Monitor developments in trade policy and processing capacity closely.
For more detailed information or specific market data, please contact your local extension office or market analyst.