Cattle Market Guys - Tuesday Check In 6-16-2026

JBS USA just shuttered two major beef processing facilities — and the ripple effects are already hitting cattle futures and producer margins hard. When a packing plant goes dark, the hurt doesn't stop at the front gate. It rolls all the way back to the pasture. In this Tuesday Market Update, Brock and Jim break down a volatile week in cattle markets, starting with a meaningful price slide since mid-May. Feeder steers in the 500–549 lb range have dropped roughly $14 per hundredweight from the...