The Cattle Market Guys Podcast

Cattle Market Guys by Herd Advisor

Brock and Jim break down the week’s cattle market news, trends, and forecasts with a mix of data-driven insight and 40 years of ranching wisdom. Published three times a week by Herd Advisor, each episode blends hard numbers and real-world experience to help cow-calf producers make smarter, more profitable marketing decisions.

  1. 2d ago

    Cattle Market Guys - Week Wrap Up 9-18-2026

    A major New Mexico livestock port is reopening next week after zero new screwworm cases were detected, and it's already sending shockwaves through cattle futures. With Santa Teresa handling 43% of all cattle imports crossing the border, this reopening is the driving force behind a genuinely choppy week in the feeder cattle market. In this Week in Review episode, Brock and Jim break down the market snapshot showing divergence between weight classes, with 500-549 weight steers bouncing 12.12 week-over-week even as they remain down nearly 29 dollars month-over-month. The conversation shifts to the Santa Teresa port reopening set for September 24th, with Jim drawing on his experience from similar border crossing openings in 1993 to explain why short-term price dips from import news rarely derail long-term fundamentals. The duo also dig into this week's wild cattle futures swings, hitting one-month highs Wednesday before falling on port news Friday, while highlighting Cattle Range's Ten-Day Market-Strength Index showing a constructive 6.68% gain despite daily volatility. They cover the September WASDE report's lowered price forecasts and weak packer demand, plus pork market pressure from hog futures hitting contract lows. Finally, Brock and Jim examine what might be the week's most bullish signal: feeder and stocker cattle marketings running 30.7% below the three-year average, pointing toward a genuine herd rebuilding phase as producers hold back cattle rather than rushing to sell. With next week's Cattle on Feed report on deck, this episode sets up the key storylines shaping cattle prices heading into the fourth quarter.

  2. 5d ago

    Cattle Market Guys - Tuesday Check In 9-15-2026

    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, both trending lower on average volume, with forecasts pointing toward stabilization after the recent slide. They dig into the September WASDE report's lowered price forecasts and weigh it against Friday's futures rally, drawing a direct parallel to the 1996 corn price spike and the costly lesson of chasing a rally that never came. The conversation shifts to animal health, covering the confirmed screwworm case in South Texas, the resulting movement restrictions, and Jim's firsthand memories of the 1976 outbreak, plus a new H5N1 study on California dairy farms showing transmission through air, wastewater, and asymptomatic cows. Rounding out the episode, Brock and Jim cover trade policy developments including an Oval Office cattle industry executive order signing, an open letter addressing beef price politicization, reassuring data on Brazilian beef imports, China's new agricultural insurance expansion, and USMEF's trade delegation to Japan supporting U.S. beef exports.

  3. Sep 8

    Cattle Market Guys - Tuesday Check In 9-8-2026

    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 alone. With Tyson Foods slashing its profit outlook twice in one month and cattle futures cooling from August highs, producers are facing a market squeeze from multiple directions at once. In this Tuesday market update, Brock and Jim break down the latest cash cattle prices, with 500-549 weight steers down to $372.81/cwt and 600-649 weights at $341.82/cwt, both retreating from last month's peak. They dig into the Tyson margin story and draw a direct parallel to the 1999 IBP packer squeeze, warning producers to watch kill rates and buyer pickiness on weight and grade as leading indicators. The pair also unpack competing federal policy moves—Representative Figures' bill targeting the 300,000 metric ton beef import allowance versus Trump's executive orders on wolf protection and country-of-origin labeling—highlighting the fragmented approach to trade policy right now. The episode closes with a deep dive into deteriorating drought conditions nationwide, Jim's firsthand account of the 1996 West Texas drought liquidation, and why protecting core herd genetics may pay off more than panic-selling. International context from France's billion-euro drought aid package rounds out a wide-ranging discussion on cattle prices, packer margins, beef trade policy, and range conditions heading into fall.

  4. Sep 4

    Cattle Market Guys - Week Wrap Up 9-4-2026

    Cattle prices are cratering as feeder steers drop nearly $25 per hundredweight in just five weeks, and a controversial tariff proclamation benefiting Brazilian beef imports has producers demanding Washington "stay out of the way." Meanwhile, pasture conditions have collapsed to just 18% Good-to-Excellent—down from 38% a year ago—signaling a supply squeeze that could reshape the market for years to come. In this Friday wrap for September 4th, Brock and Jim break down a brutal week of cattle market data, with both lightweight and heavyweight feeder classes showing steep week-over-week and month-over-month declines. They dig into Proclamation 11059's tariff holiday on Brazilian beef trimmings, JBS executive Joesley Batista's direct meeting with Trump, and the DOJ's expanded antitrust probe now targeting major retailers like Walmart and Costco. The duo also tackles wild futures market volatility, with the August live cattle contract swinging on tariff speculation, border news, and contract expiration dynamics. The episode's third deep dive tackles the deteriorating drought and range conditions across the country, with corn crop ratings and pasture conditions both declining sharply compared to last year. Jim draws parallels to the 1988 drought and 1995 Mexican peso crisis, offering historical perspective on how cattlemen have weathered similar supply shocks and policy uncertainty before. Producers looking for guidance on basis levels, hedging strategy, and marketing decisions amid this policy-driven volatility will find plenty of actionable takeaways in this week's discussion.

  5. Sep 1

    Cattle Market Guys - Tuesday Check In 9-1-2026

    Feeder cattle prices are sliding fast, and a controversial tariff waiver on Brazilian beef imports is only adding to the chaos. Brock and Jim break down why the cash market and policy headlines are pulling cattle futures in opposite directions this week. In this Tuesday Market Update, Brock and Jim dig into the weekly cattle price snapshot, with 500-549 weight steers down over $24 from a month ago and forecasts pointing to further softness through September. They unpack Proclamation 11059, the 90-day tariff waiver on imported ground beef that's benefiting Brazil and squeezing Argentina's export momentum, plus a separate processing order aimed at breaking up packer concentration. Jim draws a sharp parallel to the 1989 Meat Import Act trigger, offering a veteran's perspective on how government intervention in beef markets has played out before. The conversation also covers the phased reopening of Mexican cattle imports at the Douglas, Arizona port of entry, a new screwworm case detected in Sonora, and the FDA's emergency authorization of a generic ivermectin treatment. Jim shares firsthand memories of the 1976 screwworm outbreak and the joint US-Mexico eradication program that beat it decades ago. Finally, Brock and Jim examine the shrinking producer share of the retail beef dollar, down from 63 cents in 1980 to just 37 cents in 2021, and what that means for herd rebuilding decisions amid ongoing drought and rising input costs. It's a packed episode covering trade policy, animal disease risk, and the economics squeezing cattle producers even as headline prices stay strong.

  6. Aug 28

    Cattle Market Guys - Week Wrap Up 8-28-2026

    Feeder cattle futures took a beating this week, with 500-549 weight steers sliding $22 off their July highs and 600-649 weight steers forecast to drop another $27 in just seven days. Three separate down days, three separate causes — and Brock and Jim break down why the cattle market got hit from every direction at once. In this Friday wrap of Cattle Market Guys, Brock and Jim unpack the week's biggest cattle market news: the Trump administration's move to waive beef tariffs and expand lean trimming imports, the phased reopening of the US-Mexico border for cattle after screwworm concerns, and a weakening consumer confidence report that piled onto an already jittery cash market. Jim draws parallels to the 1999 beef trimming import debate and the 2005 Canadian border reopening, arguing that markets often react harder to policy headlines than to the actual volume that follows. The two also dig into this week's Cattle on Feed report, which showed record-low July placements and marketings — a sign that despite the short-term price pressure, the underlying cattle supply remains historically tight. Brock and Jim close with practical guidance for producers: don't overreact to a single day's futures swing, watch how import volumes actually materialize over the coming weeks, and track the next Cattle on Feed report closely. This episode covers feeder cattle prices, cash cattle markets, beef import policy, border reopening news, and cattle futures forecasts for the week of August 28, 2026.

  7. Aug 25

    Cattle Market Guys - Tuesday Check In 8-25-2026

    Trump's surprise 90-day tariff waiver just cracked open the door to 300,000 metric tons of imported beef, and cattle producers are furious—even as feeder cattle prices are already sliding hard and fast. Brock and Jim break down why this move eerily echoes a 1986 trade decision that hammered feeder prices before tight domestic supply forced a rebound, and question whether history is about to repeat itself. This Tuesday Update covers the full market picture: 500-549 weight steers down over $22 in a month, 600-649 weights forecast to keep sliding before stabilizing by mid-September, and a deep dive into the tariff waiver's political and economic fallout, including how producers' share of the retail beef dollar has collapsed from 63 cents in 1980 to just 37 cents today. Brock and Jim also unpack the Mexican border reopening for cattle imports, complicated by rising screwworm detections in Chihuahua and Sonora that could delay the anticipated 150,000-head import estimate. The episode closes with a look at July's cattle marketings—the lowest since 1996—Tyson's plant closure in Joslin, Illinois, and what historically tight supply combined with packer restructuring could mean for leverage shifting back to producers this fall. Jim draws on his own experience from the 1996 drought and the 1986 import policy shift to frame today's headlines in historical context, offering listeners a grounded perspective on where these markets may be headed next.

About

Brock and Jim break down the week’s cattle market news, trends, and forecasts with a mix of data-driven insight and 40 years of ranching wisdom. Published three times a week by Herd Advisor, each episode blends hard numbers and real-world experience to help cow-calf producers make smarter, more profitable marketing decisions.

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