Cattle Current Market Update with Wes Ishmael

Cattle Current Market Update with Wes Ishmael


Cattle Current Podcast—Feb. 19, 2025

February 18, 2025

Live Cattle future firmed Tuesday while Feeder Cattle futures bounced higher.


Toward the close on Tuesday, Live Cattle futures were mixed, from unchanged to an average of 7¢ lower through the front four contracts to an average of 71¢ higher. Feeder Cattle futures were an average of $2.49 higher.


Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Tuesday afternoon, according to the Agricultural Marketing Service.


Last week, FOB live prices were $203/cwt. in all regions. Dressed delivered prices were $320-$321.


Choice boxed beef cutout value was 7¢ higher Tuesday afternoon at $315.77/cwt. Select was $2.52 lower at $303.71.


Grain and Soybean futures were higher Tuesday with likely short covering and recent demand improvement.


Toward the close and through Sep ’25 contracts, Corn futures were 4¢ to 7¢ higher. Kansas City Wheat futures were 7¢ to 8¢ higher. Soybean futures were 2¢ to 3¢ higher.