Cattle Current Market Update with Wes Ishmael

Latest Episodes
Cattle Current Podcast—Feb. 11, 2025
Cattle futures rose Monday, building on the previous sessions firmer tone, following last weeks rout. Toward the close, Live Cattle futures were an average of 97 higher. Feeder Cattle futures closed an average of $2.45 higher. Negotiated cash fed cattl
Cattle Current Podcast—Feb. 10, 2025
Cattle futures stabilized Friday, following a week of losses driven by opening of the Mexican border to feeder cattle, discovery of a new bird flu train in dairy cattle, packer-announced production cuts for the coming week and lower cash fed cattle prices
Cattle Current Podcast—Feb. 5, 2025
As logic suggested, Cattle futures lost ground Monday, between likely technical correction, the weekend announcement from APHIS that Mexican cattle imports to the U.S. will resume this week and tariffs levied on Canada, Mexico and China, though Mexican ta
Cattle Current Podcast—Feb. 3, 2025
Cattle futures bounced back Friday, buoyed by the weeks stronger cash fed cattle prices and ahead of what turned out to be a generally neutral USDA Cattle report compared to expectations (see below). Live Cattle futures were an average of 74 higher (12
Cattle Current Podcast—Jan. 31, 2025
Cattle futures continued to correct lower Thursday, as wholesale beef prices continued lower and despite hefty gains in Southern Plains fed cattle prices. Keep in mind, the much-anticipated USDA Cattle inventory report will be released Friday afternoon. T
Cattle Current Podcast—Jan. 30, 2025
Cattle futures were lower Wednesday with likely profit taking, pressure from softer Choice boxed beef cutout values and the bounce in Corn futures. Toward the close, Live Cattle futures were an average of $1.90 lower. Feeder Cattle futures were an average
Cattle Current Podcast—Jan. 29, 2025
Last weeks upward momentum in cash prices, and stubbornly strong Choice boxed beef prices, helped support gains in Cattle futures Tuesday. Toward the close, Live Cattle futures were an average of $2.39 higher. Feeder Cattle futures were an average of $1.
Cattle Current Podcast—Jan. 28, 2025
Last weeks hefty cash prices helped Live Cattle futures mostly gain Monday. Toward the close, Live Cattle futures were an average of 80 higher, except for an average of 9 lower in the back three contracts. Feeder Cattle futures were an average of 90 l
Cattle Current Podcast—Jan. 27, 2025
Negotiated cash fed cattle trade was active on very good demand in the North through Friday afternoon, according to the Agricultural Marketing Service. FOB live prices were $7 higher in Nebraska at $210-$212/cwt. and $6-$7 higher in the Western Corn Belt
Cattle Current Podcast—Jan. 24, 2025
Cattle futures extended gains Thursday on bullish fundamentals and stronger outside markets. Toward the close, Feeder Cattle futures were an average of 83 higher. Live Cattle futures were an average of 66 higher. Negotiated cash fed cattle trade was mos