Cattle Prepare for USDA Data Release
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Updated: Aug 22 20250mins
Cattle Futures Trading: Live cattle futures experienced mixed trading, with nearby contracts close to unchanged and deferred contracts showing increases. Cash trade remained slow, with specific prices noted for northern dressed and live trades.
Cattle on Feed Data: The USDA is set to release Cattle on Feed data, with expectations of July placements being 8.9% lower than last year and marketings down 5.9%. The estimated on-feed inventory as of August 1 is projected to decrease by 2%.
Export Sales Overview: In the week ending August 14, beef export sales totaled 10,133 MT, with Japan being the largest buyer. However, shipments reached a five-week low at 11,055 MT.
Wholesale Beef Prices and Slaughter Rates: USDA reported higher wholesale boxed beef prices, with a notable spread between Choice and Select boxes. Cattle slaughter for Thursday was estimated at 116,000 head, marking an increase from the previous week but a decrease compared to the same week in 2024.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
