Trump's impact on the cattle industry runs both ways. Negatives: tariffs, labor shortages, packer concentration, volatile prices. Positives: deregulation, tax reform, grazing access, "Product of USA" labeling. For the latest market news and pricing: agmarketdashpro.com

Beef cutout close: Choice $372.22 (+$2.78), Select $358.85 (+$1.29), spread $13.37. Pork carcass $73.09 (-$0.71). For the latest market news and pricing: agmarketdashpro.com/

Choice cutout $373.59, up $4.15; Select $360.11, up $2.55; pork $72.81, down $0.99. For the latest market news and pricing: agmarketdashpro.com/

Columbus reopened to Mexican cattle Monday as live cattle rallied on record-low September placements. Choice cutout up $3.65 to $369.44. Hogs fell, grains slid. For the latest market news and pricing: agmarketdashpro.com/

USDA cutout close 10/26: Choice beef $369.44/cwt, up $3.65; Select $357.56, up $4.87; pork carcass $73.80, down $0.29. For the latest market news and pricing: agmarketdashpro.com/

Monday's futures settles: lean hogs led the downside — Dec down 1.37% to 64.675, Feb down 0.89%. Soybeans fell 1.21% to 12.4125. Feeders were the firm spot, Oct up 0.45% to 349.900. Live cattle barely moved. Crude's Dec settle wasn't verified in time, so the board shows it as settle pending rather than a guess.

USDA daily slaughter: cattle kill 106,000 head — up 1,000 vs week ago, up 2,117 vs year ago. Hogs 496,000 head. Week to date: 106,000 cattle / 496,000 hogs. For the latest market news and pricing, go to agmarketdashpro.com

Choice cutout $369.16, up $3.37; Select $357.05, up $4.36; pork $75.40, up $1.31. Spread $12.11. For the latest market news and pricing: agmarketdashpro.com/

Screwworm cases jump to 12 active days before Columbus port reopens Monday. Plus: $5B USDA processing loans, pork settlement deadline Oct 29. For the latest market news and pricing: agmarketdashpro.com/

WHAT TO WATCH NEXT 1–Monday's futures session — does the bullish Cattle on Feed print break through the 61.8% retracement resistance or stall? 2–USDA's new five-state cash trade report launching October 26, aggregating Colorado, Texas, New Mexico, Oklahoma and Kansas data via Livestock Mandatory Reporting. 3–Mexican feeder cattle flows as the Columbus, N.M., port reopens to cattle imports on October 26. 4–Boxed beef direction after the Friday cutout slide — whether holiday rib buying can offset the $3.68/cwt Choice drop.

Saturday, October 24, 2026 — Here's today's AgMarketDashPro Weekend Edition: September feedlot placements plunged 12.1% to a record low in Friday's Cattle on Feed report — the third straight record-low month, with cash cattle trade a no-show again. agmarketdashpro.com/editions… For the latest market news and pricing, go to agmarketdashpro.com

Cattle on Feed stunner: September placements plunge 12.1% to record low September feedlot placements plunged 12.1% to a record low in Friday's Cattle on Feed report; cash cattle trade stalls, the Choice cutout slides, pork packer margins nearly double, and soybeans rally on Chinese buying — Read more tomorrow morning in the Weekend Edition of AgMarketDashPro.com

Beef cutout slides again — Choice $365.79 (-$3.68), Select $352.69 (+$2.28), spread $13.10. Pork carcass $74.09 (-$1.14). For the latest market news and pricing: agmarketdashpro.com/

Packers stay in the black as feedlots bleed red Sterling's tracker for the week ended October 17 estimates beef packer margins at positive $155.06 per head while feedlot margins sit at negative $244.70 per head

US now takes more Australian beef than Australians eat themselves For the first time in living memory, the United States has become the single largest customer for Australian beef — overtaking the Australian domestic market itself. Australian eaters have traditionally accounted for around 30 percent of the country's annual beef production, the largest single share by a clear margin, but two years of surging exports into the US has flipped the order. The engine behind the milestone is the US cattle herd, which has dropped to a 70-year low on the back of drought with no rebuild in sight, pulling record volumes of imported beef. Australian shipments to the US reached 410,000 tonnes for the calendar year through Oct. 21 — up 50,000 tonnes, or 15 percent, on the same stretch of last year, which was already near a record. Some analysts expect total 2026 exports to the US to land between 460,000 and 480,000 tonnes. Meat & Livestock Australia puts domestic utilization for the 2025–26 financial year at 565,856 tonnes carcase weight — 384,782 tonnes in boneless shipped-weight terms — while US-bound exports over the same financial year ended June 30 totaled 493,419 tonnes shipped weight. Importantly for Australian cattle producers, the story is about US growth, not a weak home market. MLA retail data for the 12 months to Oct. 4 shows domestic beef value up 12 percent on the same time last year, volume up 1.1 percent, and prices up 10.8 percent — shoppers buying more beef even as it costs double digits more.

CAB Prime sales reach record high Certified Angus Beef moved more than 1.2 billion pounds in its latest fiscal year, down less than one percent despite tight cattle supplies. Prime sales climbed more than 12 percent to a record 63.3 million pounds

Choice cutout slides to $369.47 as packers trim the kill; USDA sets Nov. 30 for the Nogales cattle port reopening; Friday's on-feed report looms. For the latest market news and pricing: agmarketdashpro.com/

USDA cutout close: Choice $369.47 (-$3.12), Select $350.41 (-$4.93) — spread $19.06. Pork $75.23 (+$0.73). For the latest market news and pricing: agmarketdashpro.com/

Revised Pork-FOB PLANT