
Feeder cattle prices just dropped nearly $47 in a month, and futures traders are already pricing in risk from a confirmed screwworm case in southern Texas—the first U.S. horse infection near the border. With USDA slashing its 2026-2027 cattle price outlook while corn costs climb, producers are facing a tangled mix of short-term futures strength and long-term caution. In this Tuesday Market Update, Brock and Jim break down the latest cash price data on 500-549 and 600-649 weight class steers,...
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