Cattle Current Market Update with Wes Ishmael

Latest Episodes
Cattle Current Podcast—Sept. 22, 2023
Cattle futures and other commodity futures closed lower Thursday with the higher dollar and apparent fund selling tied to yesterdays comments from the Fed suggesting interest rates will stay higher for longer. Wariness over Fridays Cattle on Feed report
Cattle Current Podcast—Sept. 21, 2023
Cattle futures rebounded Wednesday with thoughts of steady to higher cash fed cattle prices this week and perhaps some early positioning ahead of Fridays monthly Cattle on Feed report. Feeder Cattle futures closed an average of $1.48 higher (55 to $2.20
Cattle Current Podcast—Sept. 20, 2023
Cattle futures closed lower again Tuesday, at a more modest pace, with follow-through pressure from oversold status and awaiting the weeks cash fed cattle trade direction. Feeder Cattle futures closed an average of 72 lower (35 to $1.60 lower). Live Ca
Cattle Current Podcast—Sept. 19, 2023
Cattle futures took a breather from the steamy rally and closed lower Monday on likely profit taking. Feeder Cattle futures closed an average of $2.34 lower ($1.70 lower at the back to $3.52 lower toward the front). Live Cattle futures closed an average o
Cattle Current Podcast—Sept. 18, 2023
Cattle futures extended gains Friday, supported by higher cash fed cattle prices. Live Cattle futures closed an average of $1.29 higher. Feeder Cattle futures closed an average of $2.92 higher ($2.20 higher in spot Sep to $3.35 higher). Negotiated cash fe
Cattle Current Podcast—Sept. 15, 2023
Cattle futures rallied sharply higher Thursday, despite the lack of weekly cash fed cattle direction as traders seemed to focus on looming tighter fourth-quarter supplies. Feeder Cattle futures closed an average of $3.24 higher ($1.67 higher in spot Sep t
Cattle Current Podcast—Sept. 14, 2023
Cattle futures sauntered lower Wednesday with traders awaiting weekly cash fed cattle direction. Feeder Cattle futures closed an average of $1.03 lower (20 to $2.20 lower). Live Cattle futures closed an average of 32 lower, (2 to $1.00 lower). Negotiat
Cattle Current Podcast—Sept. 13, 2023
Cattle futures crept mostly higher Tuesday. Feeder Cattle futures closed an average of 54 higher, except for an average of 55 lower in the front two contracts. Live Cattle futures closed an average of 18 higher, except for an average of 8 lower in two
Cattle Current Podcast—Sept. 12, 2023
Cattle futures rallied higher Monday, bolstered by higher cash fed cattle prices at the end of last week, as well as the bullish extended outlook. Feeder Cattle futures closed an average of $2.16 higher (87 higher in spot Sep to $2.65 higher toward the b
Cattle Current Podcast—Sept. 11, 2023
Negotiated cash fed cattle trade ranged from slow on light to moderate demand to limited on light demand through Friday afternoon, according to the Agricultural Marketing Service. For the week, FOB live prices were $1 higher in the Southern Plains at $180