Cash Trade Sets New Benchmark for Cattle | 5/29/25 Cattle Chatter

Tuesday’s New World Screwworm rumors still linger in the background, raising the question—did they serve as a wake-up call to just how quickly the market could react if they proved true? On this week’s Cattle Chatter, Brad Kooima of Kooima Kooima Varilek discusses the all-time highs in the cattle market, the continued passing on of packer bids in the North, and how the conversation around herd rebuilding is gaining momentum. Looking ahead, be prepared: the CME will implement new daily trading limits for cattle next week, with some chatter resurfacing about possibly reintroducing an overnight trade session.