Stock Market & Cattle Connected at the Hip | 9/11/24 Cattle Call

The movement in the stock market has undoubtedly influenced the cattle market, adding some volatility. There is potential for the cash cattle market to firm up, especially if demand remains steady or improves. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek looks at the roller coaster ride of this week's trade. The question of whether shortened processing capacity in the East will pull more cattle from Iowa and Nebraska is a valid one. If Eastern plants reduce operations, we could see more demand shift to the Midwest, potentially increasing cattle movement from states like Iowa and Nebraska to meet that need. This could support cash prices in those regions as processors look to maintain supply chains.