The Cattle Market Guys Podcast
Sep 8, 2026 · 10 min · 9 segments
``` Only 18% of pasture and range conditions are rated good to excellent this week, down sharply from 38% a year ago, and drought coverage across the lower 48 has expanded over 23% in the past month…
days at HerdAdvisor.com. Good morning, folks, and welcome back to Cattle Market Guys.
It's September 8th, and we've got a lot to cover, so let's get right into the numbers.
Looking at the latest snapshot, 500 to 549 weight steers are sitting at $372.81 per hundred weight.
That's down $4.68 from the prior week.
And if you zoom out to the monthly view, we're down $48.86 from a month ago.
That's a rough month for them lighter calves.
It is.
Now on the 600 to 649 weight class, we're at $341.82 per hundred weight, down just $1.46 week over week, but still down $41.21 on the month.
So both weight classes are cooling off from that August peak, but the lighter calves are taking the bigger hit percentage-wise.
According to the forecast data, the 500 to 549 weights are actually projected to bounce back slightly next week.
to $374.63, while the four-week outlook has them settling around $357.77.
So we're looking at a bit of a dip before things maybe firm back up.
That's the read.
The 600-weight class forecast shows a similar pattern, $339.40 next week, drifting down to $327.92 by the four-week mark.
What's interesting is the article context here.
We've got one piece from the cattle site noting tight beef supplies and resilient demand are actually supporting higher beef prices at the retail level, even as cattle futures got pressured by weak cash trade earlier in the week.
Then by Friday, we saw futures dip again ahead of the Labor Day weekend, which the article attributes to position squaring rather than any fundamental shift.
Well, that's just traders locking in profits before a long weekend.
Nothing new there.
Exactly.
And that's an important distinction for producers to understand.
This isn't necessarily a demand problem.
It's more technical positioning combined with some genuine cooling from those extreme August highs.
Volume context on both weight classes is showing average activity.
So we're not seeing panic selling or anything like that.
days at HerdAdvisor.com. Good morning, folks, and welcome back to Cattle Market Guys.
It's September 8th, and we've got a lot to cover, so let's get right into the numbers.
Looking at the latest snapshot, 500 to 549 weight steers are sitting at $372.81 per hundred weight.
That's down $4.68 from the prior week.
And if you zoom out to the monthly view, we're down $48.86 from a month ago.
That's a rough month for them lighter calves.
It is.
Now on the 600 to 649 weight class, we're at $341.82 per hundred weight, down just $1.46 week over week, but still down $41.21 on the month.
So both weight classes are cooling off from that August peak, but the lighter calves are taking the bigger hit percentage-wise.
According to the forecast data, the 500 to 549 weights are actually projected to bounce back slightly next week.
to $374.63, while the four-week outlook has them settling around $357.77.
So we're looking at a bit of a dip before things maybe firm back up.
That's the read.
The 600-weight class forecast shows a similar pattern, $339.40 next week, drifting down to $327.92 by the four-week mark.
What's interesting is the article context here.
We've got one piece from the cattle site noting tight beef supplies and resilient demand are actually supporting higher beef prices at the retail level, even as cattle futures got pressured by weak cash trade earlier in the week.
Then by Friday, we saw futures dip again ahead of the Labor Day weekend, which the article attributes to position squaring rather than any fundamental shift.
Well, that's just traders locking in profits before a long weekend.
Nothing new there.
Exactly.
And that's an important distinction for producers to understand.
This isn't necessarily a demand problem.
It's more technical positioning combined with some genuine cooling from those extreme August highs.
Volume context on both weight classes is showing average activity.
So we're not seeing panic selling or anything like that.
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