Price History
Source: Yahoo Finance · Prices delayed up to 15 minutes
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About Live Cattle
Live cattle futures track the price of finished cattle ready for slaughter. The United States is the world's largest beef producer and consumer. Cattle prices reflect the cost of raising beef, consumer demand for red meat, feed grain prices, and the structure of the US cattle herd cycle.
Why Investors Watch Live Cattle
The US cattle herd is at its smallest size in decades following prolonged drought in the southern Plains. Rebuilding the herd takes years, creating a structural supply deficit that is keeping beef prices elevated. Strong consumer demand and limited global substitution options support prices even as production costs remain high.
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