The Cattle Market Guys Podcast
Aug 14, 2026 · 11 min · 10 segments
``` Tyson is anchoring its entire beef business around just three plants, JBS is shutting down harvesting at its Souderton, Pennsylvania facility today, and USDA is calling this one of the most…
Looking at the numbers on those 500 to 549 weight steers, current price is $417.55 per 100 weight.
That's up $6.26 week over week.
But if you zoom out a month, it's down $35.34 from where we were back in early July.
That's a heck of a slide for one month, Brock.
It is, and the 600 to 649 weight class tells a similar story.
Current price there is $378.77 per 100 weight, up $4.99 from last week, but down $37.73 from a month ago.
So we've got short-term stabilization sitting on top of a pretty steep monthly correction.
The one-week forecast for those 500 weights actually ticks up to $425.71.
But the 600 weight forecast for next week drops to $354.29 before recovering to $404.17 by the four-week mark.
That's a lot of chop in a short window.
Sounds like the market can't decide which way to lean.
That's a fair read, and it lines up with what we're seeing in the future space.
There was an article this week noting the August live cattle contract settled $2.22半 higher at $234.17半 per 100 weight, only to have those gains erased in a Thursday sell-off tied to option expiration.
Packer bids did firm up from $230 to $235 per 100 weight earlier in the week, so there's real support underneath.
It's just getting whipsawed by thin trading and options activity rather than fundamentals.
Thin trading will do that to a market every time.
That's about right.
Volume context on both weight classes is listed as average, so we're not talking about a liquidity crisis, just a market searching for direction.
All right.
Looking at the numbers on those 500 to 549 weight steers, current price is $417.55 per 100 weight.
That's up $6.26 week over week.
But if you zoom out a month, it's down $35.34 from where we were back in early July.
That's a heck of a slide for one month, Brock.
It is, and the 600 to 649 weight class tells a similar story.
Current price there is $378.77 per 100 weight, up $4.99 from last week, but down $37.73 from a month ago.
So we've got short-term stabilization sitting on top of a pretty steep monthly correction.
The one-week forecast for those 500 weights actually ticks up to $425.71.
But the 600 weight forecast for next week drops to $354.29 before recovering to $404.17 by the four-week mark.
That's a lot of chop in a short window.
Sounds like the market can't decide which way to lean.
That's a fair read, and it lines up with what we're seeing in the future space.
There was an article this week noting the August live cattle contract settled $2.22半 higher at $234.17半 per 100 weight, only to have those gains erased in a Thursday sell-off tied to option expiration.
Packer bids did firm up from $230 to $235 per 100 weight earlier in the week, so there's real support underneath.
It's just getting whipsawed by thin trading and options activity rather than fundamentals.
Thin trading will do that to a market every time.
That's about right.
Volume context on both weight classes is listed as average, so we're not talking about a liquidity crisis, just a market searching for direction.
All right.
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