Higher boxed beef prices signal strong consumer confidence | 5/22/25

Cattle futures climbed to a six-session high, as feedlots continue to reject packer bids—marking a shift in market leverage. Boxed beef prices moved higher again, signaling solid consumer demand, while early signs of herd rebuilding are emerging across key regions. Show list cleanup is underway. Brad Kooima of Kooima, Kooima & Varilek weighs in on last week’s chart reversal and the current basis situation. Meanwhile, recent rains brought relief to dry areas of cattle country, easing concerns about short pasture supply and keeping more cows at home.