U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted

Cattle futures on the Chicago Mercantile Change had been weaker on Friday, pressured by the removing of United States tariffs on Brazilian beef introduced Thursday.

The 40-per cent tariffs had been eliminated by the White Home to carry down beef costs and will lead to Brazilian beef shifting into the U.S. as soon as once more. Speak that the U.S. authorities was contemplating reopening the U.S./Mexico border to Mexican cattle as soon as once more additionally circulated the market.

The February reside cattle contract misplaced 0.625 cents per pound at 214.775 cents. Feeder cattle had been down 2.150 cents within the January contract at 314.225 cents per pound.

Tyson Foods to close U.S. beef plant as cattle supplies dwindle

Tyson Foods will close a beef plant in Lexington, Nebraska, with about 3,200 employees after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday.

The U.S. Division of Agriculture reported wholesale boxed beef costs had been barely firmer, with selection containers up 5 cents at $371.28 per hundredweight and choose containers up $0.63 at $354.18/cwt.

The U.S. Division of Agriculture launched up to date cattle on feed knowledge after the markets closed. Cattle and calves on feed as of Nov. 1, 2025, had been down two per cent from the identical level a yr in the past, at 11.7 million head. There have been 11. 4 million head on feed as of Oct. 1, 2025.

Placements at feedlots in October got here in at 2.04 million head, which was down 10 per cent from the identical month a yr in the past.

Lean hog costs had been down 1.950 cents per pound within the February contract at 77.725 cents per pound.